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...Orszag's deputy Robert Nabors agreed that there was no avoiding a deficit this year of about $1.5 trillion, including the bank bailout and the stimulus bill. They were prepared to swim even deeper into the red next year, expanding Obama's initiatives on renewable energy and high-speed rail lines and raising the deficit to 10% of gross domestic product, the highest figure since World War II. But assuming the economy has begun to turn around, the two-year spending splurge would be followed by a steady return to fiscal sanity: Obama wanted to bring the deficit down...
...most likely tastier than Dennis’ face, Tim and I opted for a large pie and never looked back.Much like our dining experiences throughout the weekend, the game against the Lions was intense. After leading by as much as 10 in the second half, Harvard hit an offensive speed bump down the line and looked on as the Lions claimed a one point victory in the final five seconds of the game.And you thought you had a bad Valentine’s Day…We had hoped for a split, but in the end there were no split...
...result, Obama's foreign policy will move at the speed of diplomacy - slower than a sclerotic donkey - punctuated by the occasional laser whoosh of a Hellfire missile in Waziristan. His policies will be nuanced and will not please anyone overmuch - not the Muslims (nor the Israelis) nor our NATO allies nor those Americans seeking ideological clarity or consistency. This will make for a round of more argumentative policy conferences next year, but perhaps fewer "How could you?" questions directed at Americans...
...affluence. From 1992 to 2007, new-bike sales soared from 278,000 to 1.1 million annually. Harley-Davidson rode much of that wave, chiefly with touring bikes like the brawny Ultra Classic Electra Glide (starting price: $35,499, with a 110-cu.-in. Screamin' Eagle engine and a six-speed transmission). Its patrons grew older and wealthier, but its efforts to cultivate a large base of female and younger riders have been marginally successful. (See the top 10 female sports heroes...
...Relax, the ride is getting a lot better. A new breed of six-bladed turboprops like Bombardier's Q400 - jet fast but even quieter - is leading a revival. Carriers are taking advantage of the new turbos' more efficient fuel burn, reduced cabin noise, increased capacity and comfort and greater speed compared with previous models. (Archive: Crash of Comair Flight...