Word: ratios
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...right, but selling a European-style VAT to Americans is a bit like selling snake poison and would likely mean political suicide for any of its supporters. That said, there's no hiding the fact that the ratio of public debt to GDP is expected to balloon from...
...harbinger of a new stage of the financial crisis, one in which irresponsible politicians, not bankers, are the main source of economic turmoil. Across the developed world, sovereign states have amassed potentially unsustainable mountains of debt. The Organization for Economic Cooperation and Development (OECD) forecasts that by 2011 the ratio of government debt to gross domestic product - the main measure of a state's financial health - will reach 100% in the U.S., up from 62% in 2007. That's almost as large as Greece's burden today. Ireland's debt burden is expected to triple over that same period...
...likely to depress economic growth. Hefty debt payments lead to heftier taxes, which bite into consumer spending and corporate investment. Economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University found in a recent study that once a country's government-debt-to-GDP ratio passes 90%, growth declines by at least one percentage point a year. For industrialized economies that rarely expand more than 2% or 3% a year, that's a huge chunk. "We're coming at a point in which growth prospects are really taking a hit," Reinhart says. Growth could also...
...student-teacher ratio is low, demonstrating that we are investing seriously in the teaching of Chinese,” Neal added, citing the nine preceptors and ten drill instructors whom Feng currently oversees...
...husband and Evan's father. She has converted the house into a state-of-the-art school for very young autistic kids, an intensive early-intervention program called the Teach2Talk Academy. The school is a model in many ways, not least because of its 1-to-1 teacher-student ratio and sparkling facilities. It's the kind of place she was desperate to get Evan into when he was first diagnosed with autism in 2005. (See TIME's photo-essay "A Journey into the World of Autism...