Word: saves
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...fins, efficiency plummeted. Congress didn't set fuel standards until after the oil embargo of 1973. By 1985, efficiency had improved dramatically, but momentum slowed as the government let standards stagnate. President Barack Obama's support for raising fuel efficiency to 35 m.p.g. by 2020--a move that could save 2 million bbl. of oil a day--has environmentalists cheering...
...Boston Selling Art to Save a School In order to combat a crippling budget crisis, Brandeis University said it will close its Rose Art Museum and sell all 6,000 pieces in its $400 million collection. The decision, which the state attorney general plans to review, sparked an outcry. "It is not only unprincipled, but bad economics," said art historian Robert Storr...
...will lift off like an economic rocket. There is no Plan B. The hero of recessions past--the American shopper--has left the mall. For the first time in its history, the National Retail Federation predicts consumers will actually spend less over the coming year. Super Spender can't save the day when stuck in the unemployment line...
...series of papers. She and her colleagues gave random groups of people a classic risk test in which they were asked how they would respond to a disease outbreak expected to kill 600. The subjects were told that if program A were adopted, 200 people would be saved and 400 would die, and that if program B were adopted, there would be a one-third probability that all 600 would live and a two-thirds probability that all would die. Program B is riskier: you might save everyone, but you'll probably kill everyone...
...Compact Summers' immediate task is to convince skeptical Senators that shelling out nearly $1 trillion over two years isn't another exercise in traditional pork-barrel spending but a vital step needed to save jobs and invest in the future. Some Republicans call the current plan wasteful; free-spending Democrats long for more investments over years, not months. Summers argues that the stimulus bill splits the difference: not only will most of the money go to reviving the economy in the next 18 months, but much of it will also go to projects that could save money over the long...