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According to Rafael Martín, the mayor of Alameda de la Sagra, the town's coffers have seen a drastic reduction in income - from an average of $140,000 in recent years to $35,000 - as building license fees have dried up. Although he is determined not to cut social services, he predicts that some planned investments will be revisited in the coming year. "Instead of building a new traffic circle or installing new streetlamps all at once," he says, "we'll have to spread them out over two or three years." But he's most concerned about...
...export-driven economy will suffer in a global slowdown, but the country is in a better position than many to ride out the storm, argues Kroeber of Dragonomics. "Commodity price are falling, reducing the price of manufacturing. And in any case, China makes the things you buy in Wal-mart and people will keep shopping there. It's countries that produce more high-end goods that will be worse affected...
People like Maureen O'Hare, whom I found shopping for shoes in the Sedalia Wal-Mart with her daughter Ashley Smith and bright-eyed 2-year-old grandson Traven. Sedalia is an old railroad town of about 20,000 people - a population essentially unchanged in the past 90 years. George W. Bush won two-thirds of the vote in Sedalia and surrounding Pettis County in 2004, and one of those votes belonged to O'Hare. But after years of voting for Republicans, she told me, she feels compelled to change horses. Of Obama, she said simply, "I think he would...
Both sides have shown an affinity for such dark arts. For months, the AFL-CIO and its affiliates have been blanketing swing states with direct mail promoting Obama and attacking McCain for his "$520 Italian loafers." A union group called Wake Up Wal-Mart is running ads in swing states condemning McCain's "Bush-style corporate tax breaks," while the liberal group Catholics United has an ad saying McCain does not "defend all human life" because, among other issues, he supported the war in Iraq...
...anything, The View would benefit from Walters dialing down her studied neutrality even more.) Second, that you can speak truth to power and, if you have a following, power will still have to come back to reach your audience. (You could call this election's crucial swing bloc Wal-Mart moms or mortgage moms--or you could just call them fans of The View.) And finally, that a confrontational interview is not necessarily a bad one. (Similarly, Obama probably did himself more good in his combative interview with Fox's Bill O'Reilly than in his softball talk with msnbc...