Word: term
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Over the short term, this can seem like a positive; we can get away with running a federal deficit that could hit $2 trillion this year only because of the dollar's status as global reserve currency. But borrowing trillions isn't really a ticket to long-run prosperity. In fact, the current economic crisis may have been spawned by huge imbalances in global trade and capital flows that are in part the product of the dollar's special status. Global demand for dollars supplanted demand for U.S. products and services, argues Columbia University economist and longtime SDR fan Joseph...
Noodleconomics The term ramen profitable was coined by Paul Graham, a Silicon Valley start-up investor, essayist and muse to LILO entrepreneurs. It means that your start-up is self-sustaining and can eke out enough profit to keep you alive on instant noodles while your business gains traction...
...candidate, Barack Obama campaigned on a moderate mix of increased border security and a path to legality for long-term residents, but the economic crisis has pushed immigration reform off the White House agenda. At the end of March, Vice President Joe Biden told a summit of Latin American leaders that "it's difficult to tell a constituency while unemployment is rising, they're losing their jobs and their homes, that what we should do is in fact legalize [undocumented workers] and stop all deportation." Congress is similarly disinclined to tackle the controversies of reform this year, so the near...
...which yielded little. They went to Morelia - the hometown of Margarito's wife - and found that the public schools would offer him only one hour of special education every three days, compared with 24 hours each week in St. Helens. All of which they could handle in the short term if it meant waiting out the recession in Mexico and returning to the U.S. when jobs were available again...
...eliminating a tax on something we wish to encourage, job creation, thereby giving the fruits of their labor to lower- and middle-class workers, while taxing pollution, which we want to discourage. (It should be noted that such a proposal has zero prospects for being considered in the short term, as it completely upends the fundamental premises of the current entitlement system, but perhaps as we get further down the line with entitlement spending and more comfortable with the idea of a means-tested system, it might get a more serious look...