Word: rising
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...Chinese media labeling China a superpower, nor do I sense the Chinese government has the intention of taking over the U.S. as the world's sole superpower. Indeed, Chinese people are proud of our country's success, but we have been humble despite all the fuss over China's rise. Insecurity, which is very discernible in Michael Schuman's article, will not disappear by attacking another country's success. Yang Yang, Changsha, China
Climate change, too, is likely playing a role. As ocean temperatures rise, jellyfish are reproducing faster, and tropical species are beginning to extend their range. "It could be a big economic problem for countries like Australia," says Anthony Richardson, a marine biologist at the University of Queensland in Australia. If the deadly box jellyfish that plague the country's northern beaches migrate south to the Gold Coast, it could have huge implications for the region's multibillion-dollar tourism industry. (See TIME's special report on the environment...
Joseph Stiglitz, the Nobel Prize-winning economist, argues that a single-minded fixation on growth masked the warning signs of the financial crisis. Temporary profits in the financial industry, increasing debt loads, and the real estate bubble all contributed to a false rise in our economic measurements. (See how Nobel winners spend their prize money...
Michigan has 4,000 fewer police officers since your first day in office. With crime on the rise, how can residents feel safe...
...just $200 billion of that increase, according to the Congressional Budget Office. Bailing out banks and other financial firms cost $245 billion. A $419 billion drop in tax receipts (due mainly to recession, not legislation) without an offsetting spending cut was the biggest factor in the deficit's rise. Then there are the trillions of dollars the Federal Reserve put into asset purchases and other programs - surely the biggest stimulus...