Word: investments
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...chairman of the Presidium of the Supreme Soviet, Gorbachev seems to spend most of his time as a speaker of the house, presiding over excruciatingly long parliamentary debates. The plenum discussed plans to invest the position with enhanced powers, creating a presidency more along the lines of the American or French model. The Soviet President's new portfolio is likely to include national security, foreign policy, the KGB and police and oversight of economic reforms. Georgi Arbatov, the country's best-known Americanologist, believes the new President should have veto powers, noting that "we should carefully study the American experience...
...cannot indefinitely survive on its rich inheritance of public facilities from past generations. In order to remain competitive, we must invest in roads, schools, airports, public transportation, basic research, worker retraining and other expensive necessities that will pay off down the road. In other words, we need to forego some consumption today in order to ensure the productivity and prosperity of future generations. As the most gluttonous consumer in the economy, the Pentagon must bear the brunt of the cost...
...part, Weil suggests that Harvard's decision to invest in the "less traditional areas" has been not so much a question of a riskier strategy as a function of the University's financial strength. Weil points out that many colleges do not have the money to make the high-return investments Harvard has made...
...which would be fine -- really -- if the plan met its stated goal: to encourage investment and thus help America grow. But it doesn't. The rich already invest most of their money. What else are they going to do with it? Mr. Bush's broad capital-gains cut would not persuade the rich -- or anyone else -- to forgo a second VCR and invest that $300 instead. Yet that's exactly the kind of persuasion America needs these days: less consumption, more investment...
Under Mr. Bush's plan, the great middle class would supposedly be lured to invest because after that $300 had grown by $200, say, the tax on the gain would be $15 or $20 lower. "Honey! Forget the VCR! The President says that if things work out with our investment, we could save $20 on our 1996 taxes!" (Bush's other proposal -- the family-savings plan -- would mainly encourage people to move money from their current savings accounts into these new ones...