Word: slowness
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...After a slow start this season in which Harvard took away only a single victory in its first seven matches, the Crimson appears to have righted the ship, winning its Ivy League opener against Penn last weekend...
...that pent-up demand will give a big boost to the economy. Others believe that two years of saving won't be enough to cure a decade or more of overspending. And with the consumer still focused on paying down debt, economic growth will be slow at best...
...government spending winds down, we should start getting stronger growth from other parts of the economy," says S&P's Wyss. "But our rate of growth is still probably going to slow because of the drop after the stimulus." And of course, there's that lingering anxiety over what happens if the stimulus ends and the economy is too weak to generate growth...
...There's also the matter of the economic downturn. The worst recession since World War II will see Europe's biggest economy contract by 5% in 2009. While Germany's economy grew 0.3% in the second quarter of this year, it will still be a slow climb out of recession. Unemployment is set to rise next year once government subsidized short-term labor contracts are phased out. The budget deficit is expected to pass 6% of GDP in 2010, thanks mostly to a dip in tax revenues. Some economists say the center-right government will be penned in. "There...
...head of a new center-right government. But the CDU's probable coalition partner, the pro-business, liberal Free Democratic Party (FDP), could end up being a thorn in her side, especially if, as is likely, the smaller party pushes a reform agenda that challenges Merkel's slow and steady style...