Word: seriously
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...Some economists - for now a minority, to be sure - believe the U.S. is at serious risk of a deflationary spiral, even if just a quarter ago, inflation was above the Fed's comfort zone of 2% to 3%. "Compared to Japan's problem a decade ago, this crisis is unfolding much faster and spreading wider due to financial globalization," says Shanghai-based independent economist Andy Xie. A financial system unable or unwilling to lend, a tapped out U.S. consumer, and business now retrenching - and laying people off - all are a formula for possible deflation. What's so wrong with declining...
...global expansion earlier this decade, recently reported its economy in the first nine months of 2008 grew at the slowest pace in 15 years. Most of the G-7 economies have already experienced one quarter of negative growth and will likely experience a recession. Small emerging economies are under serious strain as they seek International Monetary Fund bailouts...
...Questioning Obama As a Barack Obama supporter, I was excited that Joe Klein had an interview with Obama [Nov. 3]. I felt that a serious turn in reporting was exactly what the country needed. However, the interview itself was disappointing. Klein refers almost apologetically to an earlier interview in which Obama "grew a bit testy when I pushed him on the need for universal health insurance and a more aggressive global-warming policy." Instead of continuing to push, Klein came off as merely pulling the Obama wagon toward the presidential finish line. Please, Mr. Klein, we finally have in Obama...
...notion that McCain had been changed by former handlers of President George W. Bush, like Steve Schmidt, the McCain strategist who had worked with Karl Rove in 2004. "This sort of Maureen Dowd nonsense, comic-book theorizing about the Bushies who hijacked McCain - she can never write a serious column," he said of the New York Times columnist. "It's just nonsense. Everybody, everybody felt a personal responsibility to protect McCain's reputation...
...everybody thought we might lose-except for Indiana, I guess-Montana, North Dakota, they all held. I think the [Republican] brand held up given the assault on it. This sort of Maureen Dowd nonsense, comic-book book theorizing about the Bushies who hijacked McCain--she can never write a serious column. It's just nonsense. It's just nonsense. Everybody, everybody felt a personal responsibility to protect McCain's reputation. The fact that we didn't do the back-of-the-bus stuff is only a function that you guys really wouldn't let us. Once the cameras demanded...