Word: spend
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...shrank by 6.2 percent, and last month the official unemployment rate reached 8.1 percent, a figure not seen in a quarter-century. Nor has the Obama administration been idle. On Feb. 17, the president signed into law the American Recovery and Reinvestment Act, which calls for the government to spend $789 billion over the next two years in an attempt to revive the flagging economy...
...that would be instantly recognizable to the industrialists who built America: the hustle of men advancing fast and the delight of knowing for sure that the world is getting better, quicker. As the savings-investment cycles reach their fever pitch in South and East Asia, these societies will undoubtedly spend their trillions of reserves on infrastructure, unlocking once and for all the mass of human capital...
...lawsuit. But they are supporting the Obama Administration's "cap and trade" initiative, which is designed to curb both the use of energy and greenhouse-gas emissions across the entire economy. For carmakers, such legislation would be mostly neutral because they earn credit for making electric vehicles and could spend it on cars that emit too much CO2. GM now notes that one-third of the Cadillac Escalades it sell are hybrids, so it would have plenty of currency. Of course, at this point Detroit is hoping for anything that doesn't have California's fingerprints all over...
...don’t want to spend anything at all, just skip dinner and head straight for the movie. Pick up your free ticket at the Harvard Box Office in Holyoke Center starting tomorrow, Sunday...
...China for a measure of hope. There have been glimmers of stability recently in the world's third-largest economy, and Asian stock markets briefly climbed midweek amid reports that Beijing would announce additional stimulus measures on top of the $586 billion it has already said it will spend to revive its slowing economy...