Word: spendthrifts
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Dates: during 2000-2009
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...keeping a tight lid on spending to lower inflation. At the time, advocates of the single currency argued that it would give a boost to Europe's economy and help make it more competitive. Now Europe has entered a period of "deconvergence," in the jargon of some economists, as spendthrift habits creep back in. A recent European Commission report notes that while Belgium, Finland and Ireland have balanced their budgets, four members--Germany, Greece, France and Italy--have allowed their budget deficits to grow beyond the 3% limit laid down in the rules of the single currency. The overall debt...
...uncomfortable in his skin." The anti-Kerry campaign will be a little bit of both, but the real emotional traction will involve character more than ideology. Oh, Kerry will be called a Massachusetts liberal; assorted Kerry votes and sound bites will be summoned to prove that he is a spendthrift pacifist. But "liberal" is an ancient epithet whose power has waned in recent years, and Kerry's votes to limit defense spending will be forgiven if he seems solid, moderate and strong--as he has through the primary season...
...echoes the sentiments of other alums, when he explains one root of his concern. “No one wants to give money to an organization that’s being spendthrift,” says Waggoner, who himself has endowed a economics professorship...
...turned out that Hart was bankrupt. The chronic spendthrift had entrusted much of his income to William Kron, a money manager recommended by Rodgers. Oddly, the money could not be found. Further, according to a new will that magically materialized, 30% of the money Hart's estate might earn from royalties was earmarked for Kron and his heirs. Another 20% would go to Hart's actor brother Teddy; but upon Teddy's death this portion would devolve to the Federation for the Support of Jewish Philanthropic Societies, a favorite charity of Kron's. Teddy's son Larry, Hart's namesake...
...voters. No politician wants to start off the election cycle with a "victory" over extremely expensive - and extremely popular - prescription drug benefit legislation. So if Republicans prevail with a slightly less costly plan, they?ll spin it as a triumph of responsible government over the whims of spendthrift Dems. And if the Dems are the big winners, we?ll get an earful about the victory of the people over tightwad Republicans...