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...balance the budget by 2011. While laudable during a period of growth, setting a rigid deadline for fiscal consolidation makes less sense when revenues are falling due to a slumping economy. Cutting spending now to reduce the budget deficit will only make a recession worse. This does not mean Tokyo should return to its failed policies of the 1990s by spending freely on wasteful construction projects and subsidies to special-interest groups. It means only that the government should accept modest deterioration of its balance sheet during an economic downturn...
...whole new McCain does not mean a whole new politics. The slander, the rumor-mongering, the fluffy message-hawking - these are all symptoms of a very old sickness that has rattled around America for a while. Young voters are interested in Obama because he is so unlike the person McCain is showing himself to be. The viral video ad the McCain campaign released isn't a hit because people see through this desperate strategy. Since the Democratic primaries, Obama has clung to a belief in meaningful arguments and substance. He has refused, so far, to pander to the kind...
...think it is absolutely meaningless," John S. Sheffield '09, a social studies concentrator in Pforzheimer House, said of the rankings in a phone interview. "Unless these indicators really mean something to students, these rankings don't really mean anything except hype...
...Cindy McCain said she has been trying to get into Georgia since the conflict started, but it took time to arrange the logistics. Her husband, she said, is "very supportive. As soon as he saw what was happening - he and I, we connect on many levels. I mean, he knew immediately [that I would want to go]. I've been to Georgia with him; I know the country...
...aides say that the timing of the trip, during the Democratic National Convention in Denver, was never a consideration. But that doesn't mean they're ignoring the subtext. "She's on the phone with the World Food Programme; he's on the phone with Saakashvili," McCain adviser Nicolle Wallace told me. "It was a great picture of what they'll be like in the White House...