Word: spending
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...Companies feel like it might be time to start ramping production back up, but demand hasn't fully returned, so they hesitate to hire. The conundrum: demand in the U.S. is overwhelmingly consumer-driven and people need to have jobs to feel like it's once again safe to spend money. It's a classic chicken-or-egg problem. Direct hiring by the government could, theoretically, sidestep the impasse. The question then becomes whether such a program creates more economic benefit than it does economic inefficiency by having the government dictate job creation. Consider that one criticism...
...gaming bar and another eatery, all run by Chinese. When I ask about visas, he laughs and says immigration issues are not a problem in Papua New Guinea. "The locals don't know how to do trade, and the government knows that," says Liu. "If locals get money, they spend it immediately on liquor. The Chinese don't come here to enjoy life. We only come to make money...
...ship of Washington well. Clinton's role on the global stage is to balance power. As internationalist Democrats, both Obama and Clinton ought to engage with the G-20 nations, building bridges abroad while promoting democracy for real. As far as domestic matters are concerned, the U.S. must spend less and save more if it is to remain a power beyond the Obama-Clinton era. P.J. John Singapore...
...running for office, "These women weren't just looking for jobs," says Machiko Osawa, an economics professor at Japan Women's University. "They want to do something and change society. That's why they ran." But because of their lack of experience and connections, they will in all likelihood spend their first terms as apprentices, working from the sidelines. Says Miura, the Sophia University political-science professor: "Their impact on legislation will be minimal. Legislators need to be re-elected to have influence...
While Nauert is on speaking terms with his parents, he spent Thanksgiving with the Stallings family and plans to spend Winter Break there as well...