Word: resultant
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...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 was a growing economy and a second term for George W. Bush. (See George W. Bush's biggest economic mistakes...
Then came the Panic of '08. Investors saw Treasuries as a safe haven and poured money into them, driving down interest rates. Officials in Washington spared no expense in battling the crisis. The result is a deficit of unprecedented size but with no perceptible pressure from financial markets to reduce it. No 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...
...Tanenhaus, editor of the New York Times Book Review. While Richard Nixon backed national health insurance and Ronald Reagan tempered his muscular rhetoric with political flexibility, today's dominant conservatives are little more than "inverse Marxists," clenching an outdated dogma that would sooner see government destroyed than saved. The result is a shrinking movement inhabiting a "fringe orbit" irrelevant to the needs of today's America, an intellectual flatlining confirmed by Barack Obama's victory. Tanenhaus traces conservatism's history with respect and likens its crisis to the funk that bedeviled liberalism after the failures of Lyndon Johnson's Great...
...tree-killing mountain pine beetle, aided by warmer winters, has turned millions of acres of Western forest into kindling. And as the flames burn, they'll reinforce climate change. A report published in the journal Science this spring found that not only are fires worsening as a result of climate change, but the CO[subscript 2] they release further contributes to global warming in an accelerated feedback cycle. The burning season may be just beginning...
...travelers have to send to shuttleboy is still far from intuitive. “For Shuttleboy SMS, text ‘SBOY A B’ to 41411, where A and B are the first 3+ letters of two stops!” directs the shuttleboy website. Such directions result in “Sboy boy qua” to get from Boylston Gate to the quad, phraseology that sounds like Avril Lavigne dreamt it up after reading Waiting for Godot...