Word: governmentã
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...This election saw two women come historically close to our government??s highest offices. But while Sen. Hillary Clinton fought an ambitious and powerful campaign—and was more often accused of being too manly than too feminine—Sarah Palin coyly and repeatedly played into many of her gender’s stereotypes. As her political blunders added up, she revealed her complete unpreparedness for politics at a national level and became Sen. John McCain’s greatest liability in his pursuit of the presidency...
...Reasonable and realistic observers long have warned enthusiasts of whatever candidate or party not to expect government and other political institutions to be capable of solving every problem. More important than ingrained assumptions and ideologies about government??s proper role, however, are the inherent limits of politics...
...with one Hillel undergraduate questioning Summers on what the effects of an economic recession would be on the American workforce. According to Konstantin Pozin ’10, Hillel’s director for communication, Summers’ words were particularly useful in offering an optimistic position on the government??s plan to bailout the faltering economy—a view he said he had not seen elsewhere. Summers compared the expensive bailout plan to the purchase of a painting that can be sold later to recoup some of the price, as opposed to a vacation whose cost...
...Barack Obama will pursue bipartisan solutions. For example, he worked with Tom Coburn of Oklahoma—one of the most conservative members of the Senate—to create a “google for government?? that improves transparency and accountability. That decision reveals a defining feature of Barack Obama’s governing philosophy: a pragmatic progressivism, rooted in the belief that government can effectively improve our lives when it implements sensible policies grounded in evidence...
...currency arbitrage and speculative investment highly susceptible to liquidity crises. Whereas banking sector assets accounted for 96 percent of GDP in 2000, they were over 10 times GDP this year. Furthermore, external debt in the form of foreign deposits in Icelandic banks was over 20 times the government??s debt. Effectively, the banks had become too big for the government to protect.Despite the fact that countries like Switzerland and Britain have survived for centuries with a similar discrepancy between banking assets and GDP, the miniscule size of the Icelandic economy as well as its fragility contributed...