Word: term
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
President Obama’s announcement this weekend that his administration aims to cut the federal budget deficit in half by the end of his term may come as a surprise given the current economic crisis. Decreasing the current budget deficit, however, is important for the long-term health of the U.S. economy. The 2009 budget deficit is expected to reach $1.5 trillion—and cutting this in half by 2013 will be challenging. Still, it is heartening to see that, although the administration began its term by passing a $787 billion economic stimulus bill, it is making concrete...
...seems highly difficult to accept. Fortunately, the administration has made it clear that it has proposals on how to reduce the deficit, and we are hopeful that it can actually accomplish these promised cuts. Reducing the federal budget deficit is essential to maintaining a healthy economy in the long term...
...current recession: Keynesian economics holds that the government should counter recessions with more, not less, spending. Given the sizeable federal spending that the administration has already approved, however, this announcement serves as a way to reassure the country that, despite the recession, the administration still has a long-term economic plan and is still committed to responsible fiscal policy...
Overall, protecting our country’s long-term interests as well as its immediate future is a key responsibility of our politicians, and President Obama’s evident commitment to balancing these often-conflicting goals is commendable...
...modernist ambivalence for the first time, and to come out the other end with more tempered skepticism. It felt liberating to be “undecided”, not just about concentrations, but more broadly, about what I wanted to do in life. But by the end of last term, the impulse to reorient had already kicked in. All of us face high expectations here—from our families, our professors, and most often ourselves–about what we should be doing at what time and where. In short, we cannot afford to be uncertain...