Word: surpluses
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...French winemakers fear that the new rules will allow any producer to mix their surplus whites and reds, flooding the market with cheap, poor-quality rosé. "We are shocked by these plans," says Eric Rosaz, director general of the Association Générale de la Production Viticole, France's winemakers' association. "We have our own traditions in France, and we want to protect them. We want to ensure that French rosé remains a quality product and is recognized as such. But this proposal could force thousands of winemakers out of business...
...broken promises. Higher taxes during recessions only exacerbate the pain felt by Americans and slow down recovery. The alternative, running a large deficit, is surely better than remaining in an economic downturn. In many ways, the wasteful, destructive policies of the Bush administration that turned a budget surplus into the largest deficit since World War II have limited Obama’s options. Eventually, he will have to take steps to cut the budget deficit. However, a large deficit is much more harmful to an economy at full employment than it is to an economy with a gap between potential...
...entitlement. Getting on a bus or train can be more like packing down in a rugby scrum. But when those big moments in life arrive - the next step in your career, a business idea to launch, moving out of your parent's home - Italy is afflicted by a troubling surplus of patience...
...pressure the Bush Administration put on Beijing to increase the value of the renminbi (RMB), which increases the price of Chinese-made goods in export markets and thus in theory should help diminish China's massive trade surplus, the U.S. Treasury has never formally cited China for currency manipulation. Doing so under U.S. law would compel the White House to open formal negotiations with China over its currency policy. Trade hawks in Congress, pushed by union allies and some manufacturing lobbies in Washington, have long pined for this. But the Bush Administration resisted, preferring to fold the currency issue into...
...tempted to ask you to see if you can get one person's name into the papers so people will think he might be a Brazilian soccer star." Unhappily for Gibbs, White House officials, unlike Brazilian sports celebrities, do not go by just first names. And there is no surplus of senior officials in the Obama White House named "Greg...