Word: preventable
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...policy wonks is that they solve yesterday’s problems. Though policymakers should learn from their experience, they warp their judgment by learning too much from the particular crises they handled when they were last in office. As a result, they often ignore criticism in their attempt to prevent previous plights from recurring. And, when everyone in the room has the same nightmare, each in his lookout watches the same bogeyman...
...Following World War I, new technology made farms more efficient, creating large crop surpluses, low grain prices, and slim agricultural profits. Farmers suffered the fallout, convincing Roosevelt’s future advisers that capitalism had failed and only government could prevent further hardship. A decade later, these professors-turned-bureaucrats saw the bogeyman of the 1920s as the cause behind the Great Depression: an unregulated market...
...Wright with a huge block to prevent the go-ahead...
...James told TIME, "prepared a nasty surprise," pumping lethal fumes from a brazier burning sulfur crystals and bitumen, a tarlike substance, with bellows into the Roman tunnels. The brazier was only doused, James suggests, "when the screaming stopped." Afterward, the Persians stacked the Roman corpses in a wall to prevent any reprisal, then lit the scene on fire...
...recent losses, and a home-buyers' credit of $15,000 was reduced to $8,000. A provision to help car buyers write off their interest payments was also reduced, to $2 billion from $11 billion. The bill does include a $70 billion annual Alternative Minimum Tax relief patch to prevent millions of middle-class Americans from getting penalized by a measure that was originally targeted at the rich. Reid on Wednesday boasted that the measure will cut taxes for 95% of workers, though the final agreement trimmed Obama's proposed tax rebates of $500 a year for individuals...