Word: vs
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...easy credit and discount pricing. In a normal economy, the true size of the business may be closer to 15 million units. The Detroit Three simply have to generate more revenue per car and, not incidentally, a profit. Right now, the revenue gap per car is $4,000 vs. Toyota...
...though any amount in the hundreds of billions--the minimum necessary to enter the bidding--immediately makes a mockery of anything anybody has said or done in recent years about getting government spending under control. At best, you might be able to stir up an argument about "very big" vs. "very, very big," or about how the money should be spent. Politicians aren't the only ones dusting off their wish lists. Columnist David Brooks, channeling Harvard Business School professor Michael Porter, says let's not forget state universities. Noted...
...sure, I get the point: if the patient is dying, you give him blood right now and worry about his cholesterol count later. Krugman says, plausibly, that it's not even a question of long run vs. short run: we'll also be better off in the long run if we can escape the effects of this immediate crisis. If the patient dies, he's not going to be healthy in 10 years no matter what...
...expect peace to break out anytime soon. In a country seething with ancient animosities, it's almost certain that politics will be attended by violence. Ahead of provincial elections in January, there's a potentially explosive Shi'ite-vs.-Shi'ite clash brewing in the south. In Sunni areas to the west and north of Baghdad, a new alliance of tribal sheiks, many of them U.S.-funded ex-insurgents, are challenging the Sunni parties currently in power...
...current debate in Washington over whether to extend a $25 billion lifeline to Detroit's Big Three carmakers has been framed almost exclusively in terms of domestic economic considerations: avoiding massive job layoffs vs. throwing money at possibly doomed companies. But a bailout would have major reverberations abroad as well. Though a bailout may not be the blatant protectionism of the 1930s tariffs introduced by the Smoot-Hawley Act, Europeans warn that a rescue of Detroit amid a major global slowdown could be the first shot in a new trade...