Word: short-term
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Apart from the severe environmental hazards, Obama’s proposal is problematic because of the short-term solution it provides. Experts estimate that the total yield from the new drilling proposal will only provide three years of oil and about two years of natural gas, based on current consumption levels. These are paltry numbers. Nor is this, in fact, really a “solution.” The recovered oil and gas will not be available for many years, and it is possible that once the oil and gas tracts are found, extraction may be prohibitively expensive...
...lower classes and helped Thaksin win the largest electoral mandate in Thai history. Economists have critiqued the loan projects, pointing out that much of the money was spent on satisfying consumption cravings, as opposed to building businesses, thereby creating unsustainable debt loads. Long-term reality mattered less, however, than short-term perception. At last, Thailand's downtrodden felt like they mattered - until the 2006 coup ousted their chosen man. (Read the interview with Thailand's former PM Thaksin Shinawatra...
...funding crisis in European higher education is unlikely to improve anytime soon. "There's quite a lot of anxiety in the system," Flather says, cautioning that short-term cuts will have long-lasting effects on universities. Undermining these "engines of democracy," he adds, could end up being more costly than people think - not in terms of dollars and cents, but in the future well-being of European societies. "We're part of the future, we're part of recovery," he says...
...However, observers are unsure that either plan will deliver in the long run. "Going free doesn't make a lot of sense to me - it will provide a short-term publicity boost, and boost to readership, but it doesn't address any of the fundamental problems for newspapers. Print advertising is in decline, because advertisers increasingly believe it is less effective than digital," says George Brock, a professor of journalism at London's City University. Even the 50-pence-a-day model fails to convince Brock, who argues that a price cut works only as part of a long-term...
...health care, inventing nonexistent provisions like "death panels" to scare the public. Now that it has passed, Republicans will have to deal with the reality that the bill did not represent "Armageddon," as their overwrought House leader, John Boehner, claimed - that, in fact, it won't have much short-term impact at all and that in the long term, the impact is more likely to be benign than tragic...