Word: urbanic
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...whether or not they will buy remains an open, and crucial, question. Even though Chinese are becoming wealthier, they are actually saving a greater percentage of that new wealth. Cornell University economist Eswar Prasad figures that China's average urban household saving rate reached 28% of disposable income in 2008 - 11 percentage points higher than in 1995. As a result, the role consumer spending plays in China's economy continues to head in the wrong direction. Private consumption accounted for a mere 35% of GDP in 2008, down from 46% in 2000. China's ratio stands at about half that...
...fundamentally about creating jobs and encouraging economic activity," explains Senator Byron Dorgan (D-ND), the bill's main sponsor and a leading member of the Senate Subcommittee on Transportation, Housing and Urban Development. "It will also help put a better public face on the nation," Dorgan adds. "While other countries are working hard to woo travelers, we seem to be sending a message that we don't want them here...
...group then discussed another problem faced by cities today: densification. Nancy Kete, the Director of EMBARQ—the World Resources Institute Center for Sustainable Transport— said that as world motorization rates are increasing, the urban sprawl phenomenon is “absolutely unsustainable” and will serve to damage the environment...
...gotta get it ourself.” On “Mirror,” Wale and Bun B ask “mirror mirror on the wall, who the realest of them all” and assert that Wale’s understanding of the urban experience is more pure than those of mainstream artists. Wale wants to distinguish himself from rappers who create outlandish media personas by allowing his audience to experience the “realest” person that looks back at him in the mirror...
Acutely conscious of his roots, Wale is proud to claim allegiance with an alternative urban environment that is culturally and musically distinct from New York and Los Angeles. Washington D.C. was the center of the go-go movement in hip-hop and funk, a heritage that Wale readily appropriates for “Attention Deficit.” The go-go of the ’70s can be heard in the jaunty beats, percussion, and horns that populate the entire album. But it is even more explicit in the bits that Wale samples for “Chillin?...