Word: sectoral
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...Treasury, and the tens of millions of Americans who have a direct stake in an economic recovery. The normal slowing of economic activity during the summer season will make any progress seem like walking through water. The seasonal drop in real estate markets could increase the fear that this sector is in worse trouble than it really...
...Halal Shopping Cart From fast food to fashion, the sector is thriving...
Third, King Abdullah, though often criticized as being too "frugal," has stuck to sensible spending. It is this that has saved Saudi Arabia. Even the ambitious economic cities that were announced at the end of 2005 were private-sector initiatives, not state-financed ones...
Fourth, the banking sector, thanks to its experience during the 1990s, has taken a conservative approach to lending, and remains highly unleveraged. Importantly, real estate in Saudi Arabia did not experience the same bubble that occurred in the country's neighbors; as a result consumers and lenders have been protected...
...against. The middle class is promised both a trillion-dollar avalanche of appealing new spending and, in the President's words, a "tax cut - for 95% of working families." Call it the audacity of sophistry. If, as the President claims, his election was a mandate for a larger public sector, then would not the honest and responsible move be to ask everybody to pay at least a little bit more? Is a taxpayer making $95,000 a year such a delicate Fabergé egg that he or she cannot chip in an extra $750 a year to help pay for this...