Word: lowerers
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...news is troubling because labor costs in the U.S., even among highly educated adults, are falling. American workers should be available for employment at salaries much lower than they were two years ago. But, it appears that IBM has elected to move jobs offshore rather than keep them in the U.S. despite the trend of more tech workers losing their jobs here...
...Obama administration thinks it has discovered a magic bullet in the drive to lower health-care costs: electronic medical records (EMR). Getting the medical profession to switch from manual record-keeping to a national computerized system, boosters argue, will save money, reduce errors, improve quality and transform health care as we know it. President Barack Obama has proposed investing $50 billion over the next five years to help make it happen...
...future versions of TARP, this data could include the average FICO score of the borrowers, location of the property, the loan-to-value ratio of the loan, and whether the property is occupied. And, arguably, in the event faith is restored in the AAA-rated ABS market, liquidity for lower rated ABS may follow suit...
...Another, subtler problem can be the difference between what are known as surrogate outcomes and patient outcomes. A new drug or treatment may reliably lower cholesterol, say, or reduce the size of a tumor - these are surrogate outcomes - and the drug-maker would call that a success. But the ultimate goal of treatment isn't simply to give you lab results you can boast about, it's to make you feel better and live longer; those are the patient outcomes. Sometimes though, good surrogate outcomes don't lead to good patient outcomes. Hormone replacement therapy, for example, raises good cholesterol...
...December, is designed to cut costs in the fantastically expensive sport by at least 30%. The drivers and cars that pull away in the opening Grand Prix in Australia on March 29 will have to make do with fewer engines to get them through the season, cope with a lower limit on engine revs and learn how to handle cars that have undergone fewer hours of wind-tunnel testing than last year's. But the new rules won't just show up on the track. For thousands of high-tech suppliers like Xtrac, many of them clustered around Oxford...