Word: socialism
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Dates: during 2000-2009
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...recession recently as one caused by a "perfect storm of irresponsibility and poor decision-making that stretched from Wall Street to Washington to Main Street." Yet the Obama phenomenon could be brewing a more perfect storm, wherein an F.D.R.-L.B.J. - style government would promote intrusions that could inflict great social, political and economic devastation on us. Daniel B. Jeffs, Apple Valley, Calif...
...addition, a warmer China-Taiwan relationship alleviates a thorny diplomatic and security problem for the U.S. Its historic support of Taipei is a point of contention between Beijing and Washington. Now, "the likelihood of war has decreased," says Li Jiaquan, a senior researcher at the Chinese Academy of Social Sciences Institute of Taiwan Studies in Beijing. "This is good not just for Taiwan and China...
...current crisis, the IMF faces a familiar dilemma: Should borrowers be required to undertake wholesale reforms in order to win loans? In the past the IMF has imposed tough conditions on borrowers, requiring them to prioritize economic and financial reforms ahead of political and social considerations. It's an issue that must be addressed anew, says Boutros-Ghali. "You want a minimum set of policies to make sure things don't get worse," he says. "[But] do we tell them to adjust right now, when it's most difficult? Or do we just give them the money...
...dazzling range of new products and services also reflects the seismic social changes under way in the Muslim world. One of the reasons why halal frozen food, lunch-box treats and quick-fix dinners are growing in popularity is that many more Muslim women, from Egypt to Malaysia, have full-time jobs...
...Washington Entitlements Feel the Squeeze The weak economy and surging health-care costs are taking a toll on Medicare and Social Security. A troubling government report projects that hospital funding for Medicare, which provides health care for 45 million Americans, will run dry by 2017--two years sooner than predicted just a year ago. Social Security's trust fund will go broke in 2037, four years ahead of schedule. Analysts warn that the picture may grow bleaker as mounting unemployment slashes tax revenues that fund the entitlements, which already eat up a third of federal spending...