Word: yorke
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Teresa Ghilarducci has always had more interesting - and controversial - things to say than your average retirement-policy wonk. An economist who moved this year from the University of Notre Dame to the New School for Social Research in New York City, she has railed for years against the decline of the traditional pension. She recently wrote a book subtitled The Plot Against Pensions and the Plan to Save Them; the less contentious main title is When I'm Sixty-Four...
...Tourism and Travel: California and New York - home to the country's two largest cities - both suffered dramatic declines in the number of visitors this fall. Hotel revenues in Manhattan plummeted in November, as did Broadway ticket sales. Atlanta, one of the nation's busiest hubs, experienced a drop in business travel. So too did Silicon Valley, which reported an increase in canceled corporate meetings. Restaurants in San Francisco are struggling as well; some predict they will close their doors completely in the new few months if conditions don't improve. The only upbeat tourism officials around are those...
...Harvard Law School professor who heads the congressional panel that oversees the federal bailout said that the government has yet to lay out a sound plan for dealing with the financial crisis. Professor Elizabeth Warren told The New York Times on Tuesday the government’s actions so far have lacked clarity and direction. Warren said she believes that if need be, the government should not shy away from repairing individual families’ financial health. “Household financial health is profoundly tied to the economic health of the nation. You cannot repair this economy...
...York Times is to be believed, President-elect Barack Obama is preparing to do the unthinkable: cut the defense budget. According to David Sanger ’82, Obama selected his foreign policy trio—Hillary Clinton at State, Robert Gates at Defense, and Jim Jones as national security adviser—based on their shared determination to shift resources from the military to diplomacy...
...Susan certainly is tough, and she's tough in exactly the right way." - Strobe Talbott, president of the Brookings Institution, New York Times...