Word: lacks
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Summers also addressed the “anomalous and nonpermanent” trend of capital flow from developing nations to industrialized nations. He said he attributes the phenomenon to a lack of savings and rapid consumption in the United States, which he said is “sucking capital that would otherwise be productively invested in the developing world out of the developing world...
SUMMERS: "THE MAIN THING WE HAVE TO FEAR IS THE LACK OF FEAR ITSELF...
Even Bush's supporters criticize his lack of fiscal restraint. They look with dismay at figures showing that the federal workforce of about 2.7 million is roughly the same size it was at the beginning of President Bill Clinton's second term. And they point out that Bush has not vetoed a single bill since taking office. "It's hard to veto something from a Congress dominated by your own party," says Murray Weidenbaum, who was chairman of the Council of Economic Advisers under President Ronald Reagan, "but Bush should have been tougher on the spending side. That's been...
...heels of strong faculty criticism of a lack of transparency in financial affairs, Kirby’s administration is making the case that those deficits reflect a responsible decision to dip into the Faculty’s $12 billion endowment for projects the dean and many professors say are critically important...
...have a high school education, compared to 75 percent of the general population. But recruits are far less likely to have completed any college than their peers. It’s hard to make the case, based on Heritage’s data, that recruits are desperate due to lack of education, but it’s also hard to argue that they have more educational resources than their peers. Heritage’s study doesn’t show that the military perfectly mirrors the general population. But it does show that the situation...