Word: moneyitis
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...Goldin says she also keeps a lot of her money close to home...
...warrant the investment. “The reason Harvard University has a press,” Donnelly says, “is to do things that are worthwhile projects in terms of the world of ideas or scholarship…We want to spend our money—what money we have—doing that kind of thing rather than try to publish something that will sell lots of copies and make lots of money. We want to do something positive for the world of ideas...
...wants to focus on counter-terror operations—keeping troop levels constant and instead using target bombs and drones to prevent al-Qaeda from fully reconstituting—or counter insurgency, which is what we did in Iraq and involves a far greater investment in troops, time, and money but might one day result in a stable Afghan state...
Assuming, as the smart money is betting, that Obama pursues an Afghan surge, why not propose a surtax on the wealthiest Americans to pay for it and, for that matter, to pay for the entire Afghan war from this point forward? Such a tax could be deferred a year or two until we’ve emerged more from the recession so bad economic timing wouldn’t have to be an issue. How better to send the message that (1) certain things have to be done, even though they cost money; (2) increasing the deficit in the short...
...universal health care is going to grow the deficit, Obama has wisely made this claim a tough sell by insisting that health-care reform be deficit neutral. Why not take something that Republicans currently are clamoring for, in spite of the fact that it costs a staggering amount of money, and force them to prove their fiscal-conservative bona fides? Surely, the Republicans will oppose any surtax and lose a lot of their deficit-hawk street cred in the process, while Obama, for better or worse, can be branded as “Mr. Deficit-Neutral...