Word: turnings
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None of this means that the recent talk of a turn in the economy is necessarily nonsense. It's just an indication that consumer spending, typically a driver of economic upturns, may well be a drag this time. Personal-consumption expenditures as measured by the Commerce Department's Bureau of Economic Analysis had grown to more than 70% of gross domestic product (GDP) in recent years, well above the 1950s-1990s average of 64%. This was an artifact of the consumer and mortgage credit boom of the 2000s, and economists ranging from Morgan Stanley's Stephen Roach to White House...
...does turn out that the damage is more serious than that, it will be occurring on a particularly bad mission. Most of the shuttles' trips to orbit these days are for visits with the ISS. The station is a roomy place - by spacecraft standards at least - and if a shuttle's underside is found to be too badly damaged to allow a safe re-entry, the astronauts could simply bunk down in the ISS until another shuttle or Russian Soyuz ships could bring them home...
...past few days, former Vice President Dick Cheney has appeared on CBS's Face the Nation and Fox News to defend the Bush team's harsh interrogation practices. His daughter Liz has done a turn on MSNBC to echo her father. Next week, Cheney is scheduled to give a speech called "Keeping America Safe" at the American Enterprise Institute...
...powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people." It inspired the so-called Sagebrush Rebellion that swept the West three decades ago, an attempt to force the federal government to turn over land it controlled in a number of Western states to local authorities. The passions it stirred up helped propel the self-proclaimed Sagebrush Rebel, Ronald Reagan, to the presidency. Now the Amendment is being invoked by pro-gun advocates to press for state, rather than federal, regulation...
With violence and anti-American sentiment on the rise, it's plain to see that military operations in Afghanistan are not going well. But if Defense Secretary Robert Gates is right, three-star Army Lieut. General Stan McChrystal is just the guy to turn things around. On May 11, Gates announced plans to install the former Green Beret as the top U.S. and NATO commander for the troubled nation. Some analysts hailed the surprising overhaul as proof that the U.S. is rethinking its conventional approach to combat, especially given McChrystal's background as commander of the military's clandestine special...