Word: inflationitis
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Normally, it can take years for companies to cash in these tax credits, and when they do their value may be greatly diminished if inflation has reared up. But the stimulus is producing a sharp turnaround in the economy, allowing companies to cash in their credits sooner than usual. What...
In the meantime, the Lebanese population has been left alone to fend off national threats such as the H1N1 epidemic, inflation, and national debt. Fraud, corruption, and poverty are also plaguing the country, and the situation is bound to get worse if political activity is not restored. Politicians need to...
But the Green Revolution became a victim of its own success. Food prices plunged by some 60% (when adjusted for inflation) by the late 1980s from their peak in the mid-1970s. Policymakers and aid workers turned their attention to the poor's other pressing needs, such as health care...
Cutting in Colorado: The Centennial State says it will reduce its hourly minimum wage by 4¢ next year, to $7.24, becoming the first to lower its rate since the U.S. passed a minimum-wage law in 1938. Officials say a 2006 amendment to Colorado's constitution--in which voters opted...
In one respect, of course, employers are simply grappling with the rise in overall medical costs, which are growing at about three times the rate of inflation. But another, less talked about problem is that in recent years employers and employees have been passive consumers of health insurance. Many large...