Word: lowerings
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...Stand for a few big things. Obama rode to his party's nomination as the anti-Clinton and won the general election as the anti-Bush without ever having to define his political persona. Reagan's policies didn't always live up to his mantra (lower taxes, stronger defense, family values), but he was able to fit most of his major initiatives and high-profile events under that simple tripartite rubric...
...Republicans and conservative-leaning independents. Now his image and agenda have left him without any calling card to widen his support (essential for winning policy fights and elections). The Gipper wooed so-called Reagan Democrats by finding common cause with them on key issues such as national security and lower taxes while still keeping his political base solidly on board. Education, spending cuts and maybe even health care are all ripe areas where Obama can make another effort to reach out to voters, if not intransigent Republicans in Washington...
...over the 17 years between 1988 and 2005. California, Hawaii and New Hampshire have been most successful in driving down their teen pregnancy rates, by 54%, 49% and 47%, respectively. But even at the other end of the scale, Arkansas, Iowa, North Dakota and Wyoming have all managed to lower their teen pregnancy rates...
...this morass, Democrats assert that their plan, which subsidizes about 30 million people so that they can afford coverage, will lower the deficit. Fears of higher taxes and bigger deficits, they sneer, are unfounded. Their reasoning? The Congressional Budget Office (CBO) says so. But they raise taxes to pay for the subsidies—a surcharge on the rich in the House of Representatives, a tax on “Cadillac plans” in the Senate—taxes that could have gone exclusively to reducing the deficit. And the CBO warns that the deficit will lessen only...
...Villain of the Year, whose cheap printed money is driving us to hyperinflation. It's true that Bernanke drove interest rates down to zero and tripled the Fed's balance sheet to avert a depression; he has also bought more than $1 trillion worth of mortgage-backed securities to lower mortgage rates, boost housing prices and pull us out of recession. Now that the recession seems to be over, hawks are badgering him to start tightening the money supply to avoid inflation and an overheated economy. Bernanke's response is simple: What inflation? There's little evidence in the data...