Word: socialism
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Dates: during 2000-2009
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...escalating round of conflict between the two nations, souring overall U.S.-China ties. "The action taken by the U.S. government no doubt will damage the Sino-American relationship seriously at a time when mutual trust is most needed," comments Yu Yongding, an economist at the Chinese Academy of Social Sciences in Beijing. "This is indeed a very bad beginning for the Obama government in terms of cooperation" between the two countries. (See pictures of people around the world watching Obama's Inauguration...
Some states, like Colorado, are launching new efforts to help the recently released find housing and secure other social services. California has allocated some $42 million for an entire re-entry facility - a former prison for women - where inmates within a year of release will get training and, if needed, substance-abuse counseling. But other states may be flirting with disaster by cutting re-entry programs even as they let some inmates go early. The state of Washington was having trouble releasing some of its inmates early because they had no place to live. Now the state is helping roughly...
...years benefited a great many politicians who could claim to be tough on crime. One can easily imagine the political ads that will air in the next cycle in attempts to defeat elected officials who vote not only to set prisoners free but also to spend more on social services for them...
...that they're fiscally responsible," says Gerald Curtis, a Japanese-politics expert and professor at Columbia University. Not everyone is convinced they'll succeed. Masaaki Kanno, chief economist at JPMorgan Securities in Tokyo, is skeptical that cutting wasteful spending will compensate for growing expenditures: Japan's aging population means social-security spending alone must expand by $10.7 billion annually over the next five years. "The DPJ will have to show people a consistent way to finance additional spending," Kanno says. "This has nothing to do with political ideologies. It's the reality of economic equations...
...allowances could stimulate domestic consumption - but far more must be done to restore public confidence. Japan will not reform its economy unless its people feel secure. That's why it's vital for leaders to push ahead with reforms to pension, health-care and unemployment systems. Japan's current social-security programs hark back to an era of guaranteed jobs for life, which places unsustainable financial burdens on companies and individuals. Until modern safety nets are built, it will be impossible to make Japan more efficient and competitive in the global economy...