Word: shakier
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...causing problems. But what's the limit? In the early 1980s, many smart people would have told you that deficits topping 3% of GDP would bring economic pain, as government borrowing crowded out private investment and investors demanded higher interest rates on Treasuries to compensate for our country's shakier finances. But during the Reagan presidency, deficits stayed above 4% of GDP for five straight years - and interest rates fell, and the economy boomed. (Hence Cheney's full statement to O'Neill: "Reagan proved deficits don't matter...
...Wilson's outburst is on far shakier footing, even though the details of enforcement mechanisms for the bill have not been worked out. He was claiming something - benefits for illegal immigrants - that is expressly prohibited in the major legislative efforts in both houses of Congress. He was becoming the sideshow the President wanted to spotlight, and as such Wilson handed a great gift to his political enemies, for whom he clearly has little regard...
...though Obama probably won't lose many votes among liberal Democrats on Capitol Hill. At the same time, he probably won't pick up many from Republicans, who are looking less and less like they are in the mood to find a compromise. But it could help keep some shakier centrists aboard. And it would lower the intensity of the heat around the entire debate, by removing an issue that the White House has increasingly come to view as a distraction from the larger goals of its health-care reform...
...wanted to achieve,” co-captain David Guernsey said. “We set some goals to go out and win Ivies, but we didn’t, so I think we were disappointed in that sense.”Harvard began the season a little shakier than last year, squeaking by Cornell, 158-142. But the men picked up the pace after the reality check, speeding by Dartmouth and Columbia, 253-47 and 200-100, respectively.This three-win streak was followed by three non-conference contests. The Crimson placed second in the Georgia Invitational and eighth...
Constructing a strong framework around the shakier parts of the program was the key. To that end, Geithner spent the first part of the press conference talking about all the other programs he and the rest of the federal government have so far unveiled: help with housing, consumer loans and stabilizing banks balance sheets with direct infusions of cash. When he finally rolled out the toxic asset plan itself - in three separate parts - he carefully packaged the shakiest component with ones the market was more likely to have confidence...