Word: socialism
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...want firms to go out and hire, why not give them an economic incentive to do so? This could be done by flat-out paying companies to hire, or by reducing their share of payroll taxes (the money that gets withheld from workers' paychecks to pay for Social Security and Medicare). Either way, adding a new worker becomes cheaper. We last tried this in the 1970s - the mechanism was a tax credit for hiring - and the results weren't particularly remarkable, though part of that could have had something to do with the structure of the credit...
...Bennett is now an associate Montana State medical examiner, who performs autopsies and testifies often in criminal cases. He and Hanes divorced in December 2008 for undisclosed reasons. Petite and bright-eyed, Hanes was a mover and shaker in Iowa political and social circles, and in Montana she soon charmed local Democratic party leaders and the boards of several non-profits. After a short stint with the county prosecutor's office in Billings, she joined Baucus' local field office staff in 2002. He made her his state director in 2005, overseeing seven field offices. In December 2008, she worked briefly...
...society where the cost of living is high, the notion that kids are an unwelcome burden - taboo in many cultures - has become an accepted idea. Take the title of a recent panel discussion put on by Taiwan's Human Social Sciences Foundation: 'Having Children! Does It Hurt That Much?' "The hurt," explains the foundation's president, professor Liu Pei-yi, "refers to financial loss." In a research poll administered by Kun Shan University in 2007, students interviewed 100 residents of Taiwan between the ages of 20 and 40 about their family plans. One-third didn't plan to have...
Morales sailed to victory thanks largely to that indigenous cohort, which is concentrated in Bolivia's Western highlands and makes up about two-thirds of the country's population. Like Hugo Chávez, his left-wing counterpart in Venezuela, Morales has lavished unprecedented social programs on the poor, including free medical care, stipends for new mothers and the elderly, and a massive program for literacy that includes payments to low-income families who make sure their children attend school. "Evo knows what it's like to be like us," said Ilda Condori, an indigenous voter waiting outside a polling...
...analysts say it wasn't just Morales' social largesse that ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the IMF is hailing Bolivia's projected economic growth rate of almost 3%, one of the hemisphere's highest, as well as the fact that the country's economy has averaged almost 5% annual growth since Morales came to office, Bolivia's best performance in three decades. "Bolivia is the most profound...