Word: sectoral
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...Francisco has been mixed. Some officials at the college view the proposal as unseemly, but acknowledge its potential practicality in the absence of sufficient government funding. "We have to go after private money, but in a thoughtful way that doesn't compromise our values - or let the public sector off the hook," says Milton Marks, president of the college's board, which is expected to review a formal proposal later this month...
...prefer business over aid? I do not think aid is sustainable in the long run. We have good friends that come to our aid in the short term, but they'll move on. Only the private sector is sustainable. There was a time when we were an exporter of coffee, cocoa, rubber and palm oil; in minerals diamonds, gold and iron ore. Our task now is to reactivate all of those sectors [while looking at] new areas [like] our offshore oil potential...
...kinds of programs - and he's always able to give excuses on why the money should be spent. Yet despite all of his rhetoric, Obama isn't really taking care of the budget ... I don't think the government's job is to provide health care - the private sector is the proper provider. He has no concept of what he is demanding of the private sector [or] of how much it will cost in the way of limitations on the health care that will be available because of the government's intervention. (See 25 people to blame for the financial...
What about the battered housing sector? Has Obama done enough to help this sector? It was the government's program to promote homeownership that permitted all of the excesses that occurred over the years. People who should never have had a mortgage were induced to buy a home when they couldn't pay for it. And as a result, those are the ones whose homes are being foreclosed, and the whole economy is affected...
...some places, the crisis has actually helped stimulate business. Ukraine's currency, the hryvnia, has lost about 35% of its value against the dollar and euro since the start of the downturn, a change that experts say is likely to boost the country's growing tourism sector and thereby the number of visitors willing to pay for a thrill. "The country is becoming a paradise for sex tourism before our eyes," says Yuri Lutsenko, Ukraine's interior minister, who worries about the trend. Police experts forecast that Ukraine's sex industry will more than double its revenues this year, generating...