Word: shorted
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...Moreover, as Japanese must rely on private savings as their biggest cushion when times are tough, they tend to save more than they would otherwise. Even workers eligible to receive government benefits cannot rely on the public pension system for adequate retirement funding. In short, this thin social safety net perpetuates the population decline and prevents private consumption from rising to offset the shrinking number of consumers. You can't expect the population and the economy to grow by guaranteeing survival to only the oldest workers and businesses while subjecting everyone else to market forces...
...topical times for Pakistani fiction. Mohsin Hamid's The Reluctant Fundamentalist, published in early 2007, was the first of the recent bloom. Hamid's unnerving novella, about a Princeton grad who grows a beard, quits his fancy New York consulting job and returns home to Lahore after 9/11, was short-listed for the Man Booker Prize. Mohammed Hanif's 2008 novel A Case of Exploding Mangoes, based on the 1988 plane crash that killed General Zia ul-Haq, was a finalist for the Guardian first-book award. And Daniyal Mueenuddin's superb In Other Rooms, Other Wonders, a sage, Chekhovian...
...demonstrators outside the embassy were a ragtag bunch. Their rank included cancer survivors, unemployed tradesmen and an elderly woman too wobbly to manage both a protest placard and a cane - in short, precisely the people socialized health care is designed to save. Jon Burden, whose wife's breast cancer is in remission, said he wanted critics to know that "without the NHS either my wife would be dead or I would be broke...
That uncertainty is translating into savings. But before you put yourself behind the wheel, ask two big questions: Should I get a new or a used car? And should I lease or buy? The experts' short answers are the same as they've always been: it depends on your finances, what you want from a vehicle and your number-crunching acuity...
Tropical Storm Danny was bearing down on New England as Boston got ready to lay her favorite son to rest; so President Obama cut his vacation short and flew in Friday night, so that nothing could keep him from Saturday morning's mass for Senator Edward Kennedy. In Washington, busloads of Senators lined up at dawn at the Capitol to proceed to Andrews Air Force base and then fly north. Presidents Clinton, Carter and Bush 43, the British Prime Minister Gordon Brown and Irish Prime Minister Brian Cowen were all expected as well; security was everywhere, the airspace over...