Word: growth
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Chicken Parts and Tires But the same Americans who speak darkly of the China effect routinely seek out the least expensive cell phones, televisions and clothing and demand that companies whose stocks they invest in show double-digit profit growth. Procter & Gamble needs the supercharged gains of its Oil of Olay brand in China to remain compelling to investors. The Otis Elevator Co., a unit of United Technologies, makes great elevators, but it's China that's erecting thousands of skyscrapers. And the same Chinese who snap up copies of China Is Not Happy seek business deals with American companies...
...economy will impair a $338 billion market for its exports and imperil its dollar-denominated investments. China pegged its currency to the dollar years ago in order to hitch its wagon to the world's most dynamic economy but today worries that a declining dollar will impede China's growth. Many in Washington and on Wall Street believe that China's currency policy gives it unfair advantages in trade and that its reliance on state spending rather than domestic consumption is a core cause of the global economic crisis. (See pictures of the global financial crisis...
...food trends for the market-research firm NPD Group. "You're going to eat four to five times today, and the one thing I know you're going to do is try to get someone else to prepare those meals," he says, noting that after two decades of no growth, microwave use has gone up 20% during the past three years...
...that are not at odds with maintaining the excellence of the university’s offerings. However, engaging in book-lending programs with other schools appears to be a less elegant solution to budgetary issues. The book-sharing system would diminish the immediate accessibility of texts and undermine the growth of a valuable academic resource. We should focus instead on acquiring texts so that they are accessible to students on demand, rather than participating in lending programs that open up competition for books to a wider audience and make the process of gaining access a book difficult. Rather than curtailing...
David Brooks is not the first to lay out forks in the road during the health-care debate. Other false dichotomies have been: Growth vs. equity, risk vs. safety, innovation vs. stagnation. Yet these kinds of approaches are not only invalid but are also incredibly, well, unhealthful...