Word: invested
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...gripe session about why the economic recovery has been weak in creating new jobs. To some extent, he succeeded in making a plausible connection between his tax cuts and the robust pace of economic growth. "People have more money in their pocket to spend, to save, to invest," he has said. "[Tax relief] is helping the economy recover from tough times." But his efforts to sell a pastiche of programs to help the unemployed have had a tougher time punching through. When it comes to jobs, the numbers fail him. On the basis of previous recoveries, Bush was promising...
Scores of Harvard donors have availed themselves of a new option to invest their trusts, totaling over $200 million, with the University’s acclaimed endowment...
...letter ruling, requested by the HMC in January 2003, permits Harvard to invest in areas which would ordinarily produce disqualifying taxes. Most of those taxes will be paid by donors at a rate of 35 percent, Scudder said...
...optimists. Carter, Reagan, Clinton—they understood something that Shrum never will: Americans are aspirational, not punitive. To defeat the last Republican president running for re-election, Bill Clinton said, “All of us—we need each other. When George Bush fails to invest in our people, what he doesn’t understand is that, in America, we don’t have a person to waste...
These homegrown carmakers will have to compete with multinationals like General Motors, Ford, Toyota, Volkswagen and Citroen, all of which have invested heavily in Chinese joint ventures and are muscling for market share. GM, which has made Buicks in China since 1999, will soon launch top-of-the-line Cadillacs and plans to increase total production 50% in the next two years. In a first for the country, Beijing recently announced it will allow GM to import cars made overseas without going through a Chinese partner. Ford plans to increase production sevenfold, to 150,000 cars a year. Volkswagen, maker...