Word: globalization
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Dates: during 2000-2009
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...These challenges are just as Obama defines them: the soaring health-care costs that disadvantage American companies abroad, the difficulty young people—the lifeblood of any economy—have affording higher education, and, most drastically, the threat that a failure to meaningfully combat global warming will pose to both the planet and human lives. As Rosabeth Moss Kanter, a Harvard Business School professor, wrote for Politico in response to Krauthammer’s piece, Obama is “not only a brilliant strategist, he is a brilliant analyst of America, understanding all the factors that contribute...
...restructured, health care—even in a bull market—will remain unaffordable for most American businesses and families; paying for college—even in a bull market—will remain a formidable challenge for most young adults; and business practices that contribute to global warming—even in a bull market—will persist unchallenged by federal policies. In other words, Krauthammer and the conservatives offer eight years of the Bush administration all over again, whereas Obama offers the change Americans voted...
...than the stem cell decision was Obama’s memorandum to ensure openness about science and protect scientists, released at the same time. This marks a far greater departure from the Bush administration and cuts to the heart of the debate on many issues, such as conservation and global warming, in discounting the “false choice between science and moral values.” As I pointed out in an earlier column, the Bush administration was often directly antagonistic to concerns of scientists, allegedly editing releases about global warming, silencing a top climatologist through NASA, and pressuring...
...Bukit Panjang neighborhood, the 30-year-old Englishman sees a small but steadily growing number of Americans, Australians and Europeans in the fluorescent-lit coffee shop where locals often gather after work around cold pitchers of beer. These foreigners are economic refugees of a sort. Because of the global recession, expat bankers, traders and corporate managers have lost their high-paying jobs with multinational corporations. But instead of returning to their home countries, they've decided to stay in Asia, even though that means moving into cheaper housing and giving up privileges that once set them apart from ordinary Singaporeans...
...departure from previous downturns, some expats are electing not to return to banking centers such as New York City and London. This recession is global, and the implosion of the financial-services industry means job prospects back home are even bleaker. American Marc Rudajev, a 37-year-old ex-hedge fund manager whose $350 million fund dissolved in the middle of 2008 as global stock markets swooned, is one of the Singapore expats not hurrying home. "This economic crisis is affecting every country," he says wearily. "But if there is a glimmer of hope anywhere, it's here rather than...