Word: budgeting
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...toward a state-heavy "mixed" economic model. In the U.K., government leaders nationalized key industries and introduced national health care and other "welfare-state" programs. The "mixed" economy performed well for a while, but by the 1970s it had run into a wall. State-owned firms drained the national budget while inflation soared. In came Margaret Thatcher, who launched a wide-scale privatization of the British economy. The market was back. "It was becoming obvious to people," Thatcher once said, "that the socialist way meant accepting decline...
...Harvard, Faust’s letter announced the University is still assessing how potential cuts in the budget will affect building projects, especially the development in Allston...
Boston College has announced a 2-percent cut in its non-compensatory budget in order to generate an extra $2.5 million for financial aid, in addition to the $114 million distributed this year, said Boston College Director of Public Affairs Jack Dunn...
...mind. After about a minute of considering this, I became bored and discontented. I tried googling “Profound Things to Think About,” but without any actual knowledge to draw upon, I found it challenging to come up with a solution to the budget crisis on short notice...
...Venezuela has started to change." Maybe. But Chávez and the opposition did make Venezuela seem a bit less angrily polarized. Caracas mayor-elect Antonio Ledezma reached out to work with Chavez - a gesture that would make any reported attempts by Chávez to cut off budget resources to opposition victors look petty...