Word: nextly
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...numbers are undoubtedly big, running into many trillions of dollars. The percentages are also daunting, with projections of total gross debt reaching 100% of U.S. GDP this year or next and surging every year thereafter. There is bipartisan agreement that the deficits and overall debt are unsustainable. Douglas Holtz-Eakin, a former director of the Congressional Budget Office, has urged policymakers not just to educate the public about the dangers ahead but also "to scare them to death" about the dire prospects if the debt is allowed to continue to grow. (See a report card on the stimulus programs...
...role of the dollar as the global reserve currency, the debt the government owes itself can simply be rolled over endlessly. Only the interest payments are a must. As long as the dollar remains central to the global system - and there is little chance of that changing in the next decade - the U.S. will have the latitude to borrow more than most other countries...
...indeed leaving, at the rate of about 10,000 per month. Much as they may enjoy their democracy, many Iraqis are concerned about who will fill the vacuum. Iran, for example. Tehran watched with glee as the U.S. toppled its archenemy Saddam, but worried that it was the next candidate for regime change, the Islamic Republic has supported anti-American Shi'ite militias and political parties ever since. Iran won't be the only country likely to flex its muscles after the election. Turkey - which has a restive Kurdish minority of its own - will try to block any further devolution...
Coates picked up the win against Canisus in the season opener, giving up just four goals in 45 minutes of playing time, but he struggled in allowing 13 goals in a loss against No. 14 Georgetown his next time out. Head coach John Tillman gave Krieger his first career start against the Crusaders, and he gave up seven goals and earned the victory...
...crowd watched intently as sophomore Alistair Felton played a drawn-out third set. Down 3-5, Felton made an impressive turnaround and picked up the next game, conceding only one point. But from there the sophomore faltered, ultimately losing, 6-4, 3-6, 4-6, in the No. 3 slot...