Word: planning
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...continue to be private enterprise. The problem is that companies are beat-up from the longest economic contraction since the Great Depression. Plenty of economists think the worst is now behind us, but firms are still plagued by uncertainty about how fast the economy will recover. Nor can they plan responsibly without knowing the bottom-line costs of the massive new initiatives out of Washington on health care reform and carbon-emission regulation. Even companies that are financially fit often don't feel like taking the risk of ramping up operations and hiring more workers. There's been political pressure...
...result, jobs are created. Xtreme, which employed 57 people at the beginning of 2009, installed its first major system in Hawaii over the summer and now has $100 million worth of orders in the pipeline. The firm currently employs 105 people and is again looking to grow. Its plan is to buy a factory in Wixom, Mich., that Ford shut down in 2007. (See the best photos of 2008: "The American Economy: Down...
...Over at the University of Texas, the nonprofit Austin Technology Incubator houses fledgling firms, plying them with business-plan advice, contact with financiers and lots of coffee over which to share ideas and solve problems. The incubator's 20-year record: more than 200 companies and thousands of jobs created. "Companies don't start unless they're resourced," says Rob Neville, who launched one company with the help of the incubator and is now scaling up another, Savara Pharmaceuticals, in anticipation of support from the Texas Emerging Technology Fund...
...compromise between the Senate and House bills. But for them to become law, the Senate would have to pass them separately after the House under a process known as reconciliation, which requires only a simple majority of 51 senators. Still, reconciliation can be procedurally arduous and Senate Republicans plan to use parliamentary rules to try to delay or stop the House package from being passed. Without this, the Senate bill itself - with its sweetheart deals and unadjusted tax on high-value insurance plans, for example - would stand...
...government that has seemed incapable of addressing basic needs like security, shelter and sanitation can put together even one national election, let alone two. The same complaints echo off the rubble piles from the capital's bidonvilles to its more affluent suburbs: lack of response, of leadership, of a plan. "If I look around, it's like we don't have a government," says Sineus Edner, 56, a Port-au-Prince security guard. "For me, I'd rather vote for [U.S. President Barack] Obama. We heard from him [after the quake] before we heard from our own President...