Word: surpluses
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Naysayers at the time cautioned that the bill’s worst consequences would not be felt until the boom ended; of course, such foresight was quickly muffled by the roaring debate about how to spend a surplus that vanished before it ever materialized. The bill must be renewed this year, just when its optimistic if not utopian targets (like the requirement that 50 percent of signle parents on welfare work at least 30 hours per week) might need a little tweaking in light of the recession. Bush’s former gubernatorial colleagues are asking for wiggle room...
...manufacturing isn't sustainable, not with countries like China gradually taking over this role." According to a recent study by the Japan Research Institute, an economic think tank, if Japanese companies continue to shift production to China at the rate they are now, Japan's envied $48.96 billion trade surplus will slip away entirely and become a deficit within five years. "Japan has to move up the economic ladder, and shift trade from goods to services and intellectual property," Xie says, "unless it wants to go back to being a poor country again...
When he arrived in 1991, Knowles found the Faculty in dire economic straits, carrying an annual deficit of more than $10 million. Knowles stressed strict, sometimes controversial, fiscal discipline that brought FAS budgets under control. Eleven years later, FAS is running a multi-million dollar surplus...
...Perhaps even more remarkable than France's surplus of superb players is that it is not a happenstance but the deliberate product of a footballing factory - and there's plenty more where they came from. "Since 1998, the world has taken notice of French football and asked, 'Where did this come from all of a sudden?'" remarks Aimé Jacquet, who selected and coached the French team that won the 1998 World Cup and has since directed France's national coaching and development program. "But this was the result of a long, painstaking, carefully planned process to organize and teach...
Think of them as the by-products of the French football factory: the production line that spews out a plethora of outstanding players also churns out plenty of world-class coaches. The World Cup will serve as a showcase for the country's managerial surplus, with Frenchmen at the helm of four of the 32 squads bound for Asia. "It's a great tribute to the French development system," says former French star Didier Deschamps, who last year ended his playing career to become head coach of Monaco. "Since national teams can't recruit French players, they recruit French coaches...