Word: overhauled
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Dates: during 2010-2019
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Still, the initial round of $8 billion - which Biden referred to as "seed money" during his remarks in Tampa - is just a tiny percentage of what it would cost to significantly overhaul the country's rail system. And there are concerns that by spreading the funds to so many different projects in so many different states, it won't be possible to make a real difference in any one place, as Mark Reutter wrote in a new report for the Progressive Policy Institute. It doesn't help that the one region that could most obviously benefit from truly high-speed...
...Obama's bank tax - designed not only to make taxpayers whole but also to discourage excessive risk-taking - came from Geithner. And so did most of the Administration's plans to address the too-big-to-fail problem, create an independent consumer agency for financial products and otherwise overhaul the regulatory system that failed so dramatically in 2008. Geithner sees big banks not as evil empires to be toppled but as moneymaking machines to be restrained, so that the panic and bailouts of two years ago are never repeated. Just because it's populist, he likes to say, doesn...
...Tapping these more dynamic economies won't be easy, however. The very different demands encountered in the developing world are forcing an overhaul of the way India's IT firms conduct business. Their goal for the past 30 years has been to woo clients outside India, but to transfer as much of the actual work as possible back home, where lower wages for highly skilled programmers allowed them to offer significant cost savings. With costs in other emerging economies equally low, India firms can't compete on price alone. Emerging markets also require that services be offered in languages other...
...Whichever institutional arrangements are adopted to mount a defense against terrorism, analysts believe the deeper problem will only be tackled through more far-reaching methods such as the overhaul of Pakistan's education system, the development of alternatives to the hard-line Islamist message that resonates in growing parts of the country, and vast development funds that will create jobs and a future for those potentially lured by the call of jihad. Right now, says Siddiqa, "there is no such policy, and nobody is keen to do anything...