Word: states
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...Private consumption's role in the economy has actually been declining, to a mere 35% of GDP in 2008 from 46% in 2000. Economists say policymakers need to speed up the development of a better social safety network, encourage small-scale finance and liberalize service industries dominated by big state firms to further raise incomes and encourage Chinese to spend more and save less...
...There is also concern that growth will slip backward once China's recession-fighting stimulus is scaled back. One reason Xu's minivan sales have accelerated is government tax breaks and rebates offered on certain car purchases - incentives that won't last forever. State subsidies have also been given to rural residents to spur sales of refrigerators and washing machines. Though the government is implementing longer-lasting plans to convince citizens to spend more money (including a $125 billion program to improve national health care, especially in less developed regions), those efforts will take years to reach their full impact...
Equally, the American Muslim Center could hardly be less threatening. The imam, Mohamed Mardini, is a moderate cleric with strong ties to city and state officials; when the CIA hosted a dinner in Dearborn recently, he sat at the head table with Director Leon Panetta. Mardini invites non-Muslims to drop by and observe prayers and holds interfaith discussions in his office. His mosque doesn't even look out of place among the suburban homes along Outer Drive: the building used to be a Bible church...
...Klein has made a strong case for why Hillary Clinton should be President [Nov. 16]. Unfortunately, as Secretary of State serving an inexperienced President, she is hampered by Barack Obama's fantasy foreign policy. During the campaign, Clinton spelled out over and over the harsh realities of the dangerous world she is now confronting. Sometimes blunt is better...
Trouble is, that means making the sort of guarantee that the U.S. and its allies shy away from. When Secretary of State Hillary Clinton said recently that the U.S. is "not interested in staying [in Afghanistan]" and has "no long-term stake there," she probably - if inadvertently - caused fence sitters to reconsider their options. Indeed, Masoom Stanekzai, Karzai's point man on the reintegration policy, says that for it to work, a U.S. commitment of more troops is important. "The stronger presence of security forces in an area means that more Taliban commanders are under pressure," says Stanekzai. "They will...