Word: spendingã
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...Most of these projects require some sacrifice by Harvard, usually in terms of money. Although Harvard’s massive endowment certainly factors into these initiatives, our rationale in advocating for them is not to spend for spending??s sake. Being at Harvard—whether one is a professor, a student, or indeed the president—is truly a privilege. We all, as Harvard community members, have a responsibility to see that Harvard honors that privilege by striving to give back to the society and communities that surround...
Newhouse said Medicare, which currently accounts for 13 percent of government spending, will rise to 16 percent of government spending by the 2020s, according to analysts. He said the government might have to raise taxes by as much as 16 percent to make up for the increased spending??a politically unpopular stance...
...currently facing a harsh financial climate—what Kirby himself has called “a time of serious constraint.” We think coverage of how Kirby and his administration are, in the dean’s words, “holding down expenses and redirecting spending?? would be of great interest to this community. But The Crimson has been blocked from doing such reporting. Despite roughly nine requests, for nearly a year The Crimson was denied access to Hoffman-Bray after Kirby announced the Faculty’s shaky financial status last February...
...country’s annual exports to its debt burden, a problematic metric which renders impoverished nations such as Haiti, Bangladesh, and Nigeria ineligible for assistance. If a country receives HIPC status it must then agree to strict macroeconomic conditions—such as limits on government spending??which are intended to keep deficits low and inflation down. In practice, however, these constraints often force indebted nations to impose user fees on health and education services, making them inaccessible for many citizens. Perhaps the most glaring failure of the HIPC Initiative is that HIPC nations will still...
Advocates say everyone at Harvard stands to benefit from such profligate industry spending??for every sale brokered by the University, Harvard keeps 15 percent of royalties, the inventor’s school keeps 20 percent and the professor and his department keep the remaining 65 percent...