Word: publication
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Dates: during 2000-2009
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...Watch TIME's video "The Kennedys - the Agony of Grieving in Public...
...Dick Cheney's more memorable lines. "Deficits don't matter," he told Treasury Secretary Paul O'Neill in 2002. Later, after O'Neill made the conversation public, Cheney elaborated that he meant this "in a political context," not an economic one. But for most of Cheney's time as Vice President, the claim held up pretty well in both contexts. Over O'Neill's objections - he'd be gone soon anyway - the Bush Administration and Congress abandoned a bipartisan commitment to fiscal prudence that had held sway since the early 1990s and went back to running chronic deficits. The result...
...Chinese officials said repeatedly that they were uncomfortable holding so many U.S. securities. Interest rates on Treasuries inched up. And another billionaire launched an assault on deficit spending - this time private-equity kingpin Peter Peterson, who took most of the $1.9 billion he made from the 2007 initial public offering of his Blackstone Group and put it into a foundation devoted to raising fiscal awareness...
...pressure so far, at least. The federal debt, at $7.6 trillion, is now above 50% of GDP and rising. The government faces commitments to Social Security and Medicare that dwarf that figure. Republican congressional leaders have decided they care about deficits again - and seem to be making headway in public opinion. The prevailing winds will shift one of these days. Because deficits don't matter, until they...
...Duncan (whose first name is pronounced Are-knee) can be found playing in three-on-three street-ball tournaments across the nation. On a muggy, overcast Saturday in late July, while 50 Cent's "I Get Money" blares from a set of speakers, the former head of the Chicago Public Schools pounds the blacktop, alternating between playing intensely and walking off to take calls on his BlackBerry. Almost none of the other ballers know who the white dude with the salt-and-pepper hair is, and even fewer expect him to last long in the tournament. And yet his team...