Word: prudent
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...follows that some other tax has to go up or you have to cut some public spending, on health and education," countered Alistair Darling, the Trade and Industry Secretary. Abolishing inheritance tax "may make for a headline, but I don't think it makes for a prudent and sensible tax and spend policy." When it comes to the figures, both sides are right. It's true that only a fraction of British households pay inheritance tax - it's currently levied on about 6% of the estates of people who die. But that percentage will change dramatically in the next...
...occurred while processing this directive] figures published by the E.U.'s statistics office last week showed that the 12 euro-zone countries, led by a resurgent Germany and France, enjoyed their strongest growth in six years, catching up with Britain, which continues to perform more robustly than even the prudent government anticipated. The 0.9% quarterly rise in the euro zone was fueled by a sequence straight out of the textbook: firms enjoying robust exports have been increasing their investment at home, which is creating jobs. Jobs, in turn, are giving a vital boost to consumption. The World Cup may have...
...nothing new - Hewlett-Packard is also in the middle of one right now (click here to check your system) - but Dell's is considered the largest in consumer-electronics history, affecting 15% of its laptops sold in the past two years. Shim and Enderle agree that it is prudent to visit Dell's website and check to see if your battery is on the list. Says Shim: "Only 6 computers out of 4 million have been hit - those are terrible Vegas odds - but I wouldn't want to be the guy that it happens...
...analyst Jon Alterman of the Center for Strategic and International Studies sees Rice's late entrance into the diplomatic fray as prudent: "At this point, both Hizballah and the Israelis feel they can advance their cause by turning the screw a few more times," he says. "That's not where you want to start a negotiation. You want to start when both sides are starting to look around and say, where's this really going...
...Bush Administration has tried to downplay the mounting danger posed by North Korea. That might be the understandable reaction of officials necessarily preoccupied with the ongoing campaign in Iraq. But it is not prudent or safe. Although the July 4 test of the Taepo Dong 2 missile?which is intended to carry nuclear warheads to U.S. territory?appears to have failed, North Korea conducted the test so its engineers could learn how to perfect the missile, and even a failed test provides critical data. More important is the test's symbolic significance: once again North Korea has crossed a line...