Word: investment
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...administration of Prime Minister Yukio Hatoyama doesn't rein in the deficit. In his January State of the Union address, President Barack Obama pledged to freeze discretionary fiscal spending for three years starting in 2011. "Like any cash-strapped family, we will work within a budget to invest in what we need and sacrifice what we don't," Obama said. (See pictures of retailers which have gone out of business...
...need only look at some states' experience with term limits to see such a remedy is no magic pill: politicians who are term-limited often just use their temporary offices as stepping stones and don't invest in the institutions...
...problem with many failing schools, he and others in the turnaround movement say, isn't the kids, the parents or the community - though all three are undeniable factors. The key flaw is that the schools are poorly run. "We are trying to apply modern-management common sense," says Gordon. "Invest in your talent, set goals - continuous improvement, constant feedback." This differs, he says, from typical public schools, where teachers receive evaluations only once a year - light management exemplified. (Get the latest tech news at Techland.com...
...move it off-site, most nuclear power plants in the U.S. still store this waste on-site in steel-reinforced cement silos or airtight water-filled pools. However, such storage methods are supposed to be temporary, and many plants have run out of space. Now, the government absolutely must invest in finding new ways to deal with nuclear waste. We suggest that the U.S. collaborate with other nuclear countries—such as France, which has developed a new recycling method that allows the waste to be re-used—in order to develop new techniques to limit...
...estimates that the risk of default on a new nuclear plant is higher than 50%. In a conference call with reporters, Energy Secretary Steven Chu seemed unaware of the CBO report, although he downplayed the fiscal risk. "Even Wall Street traders say these reactors are too risky to invest in," said Schreiber...