Word: mattering
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...Harvard’s level of influence on surrounding communities impels Harvard to adopt spending and investment habits that make initiatives like the construction of the Allston science complex less dependent on market conditions or investing climates. A more conservative approach to investing and spending would ensure that, no matter the state of boom or bust in the markets, key Harvard initiatives, whose progresses have an uncommonly significant effect on the community, will not be stalled in a manner that is unduly harmful to community residents. We can see the effects of poor financial planning simply by observing the pernicious...
...know, Paul, Reagan proved deficits don't matter," Vice President Dick Cheney famously told George W. Bush's first Treasury Secretary, Paul O'Neill. Cheney, who rarely allows facts to get in the way of a good ideology, was retailing a myth. Ronald Reagan is remembered for the massive tax cuts passed during his first year in office. But since deficits do matter - and since Reagan's so-called supply-side cuts blasted an enormous hole in the budget - the President had to come back in 1982 with the largest peacetime tax increase in American history: the Tax Equity...
...does this matter now? Because we are in the midst of a debate over how to fund a health-care-reform plan - and the idea of raising taxes, even just a little bit, to pay for it is causing heart failure among our legislators. They are looking for somewhere between $30 billion and $35 billion per year. If the bill isn't properly funded - if working-class families don't receive large enough tax credits to help pay for their newly mandated health insurance, if they're forced to pay thousands of dollars in new out-of-pocket expenses - Republicans...
Before the adoption of standard zones, towns set their own local times. Life was slow; it didn't really matter if 12:07 in one town was 12:15 in the next hamlet over. But with the advent of railroads and their accompanying train schedules in the 19th century, people suddenly needed to know the exact time so they didn't miss their trains (and conductors needed to make sure that trains operating on the same track didn't crash). In 1883, the U.S. and Canada adopted a standard time system. The following year, delegates from 22 nations...
...Myung, whose organization actively opposes the regime, exposing North Koreans to foreign ways of life is not just a matter of wasting a few hours on a Friday night. "The government can target the distributors, and they can be shot," Myung says, "but the government can never stop people from wanting to see the movies...