Word: recessional
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Politicos all over Latin America will be scrutinizing those mistakes as well. The Argentine poll was a referendum on Fernández's often confrontational leadership style - which voters and financial markets alike decided isn't all that well suited to rescuing South America's second-largest economy from the...
Fernández, who like Kirchner hails from the provinces and butts heads with the Buenos Aires élite, insists she has simply tried to preserve the economic stability her husband created and deliver it to a broader swath of the working class. But when she saw that her poll...
There's just no way to square the cost of current recession-fighting efforts, future Medicare commitments and the various goals of the Obama Administration with the current level of taxation. Taxes are going to have to go up, and raising rates on just the very richest won't be...
RECESSION WATCH
That won't be easy to change. The 1990s managed-care boom was supposed to incentivize HMOs to keep us healthy, but it slashed needed as well as unneeded care in a frenzy of willy-nilly cost-cutting and short-term profit-taking, triggering a national backlash. And if Congress...