Word: deficit
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Dates: during 2000-2009
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That's particularly true in California, a state in almost perpetual crisis - it's "effectively bankrupt," as Whitman likes to put it - with a budget deficit befitting Argentina and crises with water, highways, prisons, schools, immigration and unemployment. The legislature and the governor are openly hostile to each other, and the electorate is disgusted with both of them. (Their approval ratings are 18% and 28%, respectively.) This state of affairs is alternately described as the end of civilization or America's bright future, depending on whom you ask. Driving around the state, you'd never know that California...
...president’s political opponents have denounced excessive spending and claim that additional stimulus will only swell the budget deficit further. To an extent these critics are correct—further domestic spending will make Obama’s goal of halving the deficit by 2010 even more unlikely...
...Crimson advantage would hover around six points until the game’s final minute, when BC guard Reggie Jackson cut the deficit...
Following two free throws from classmate Kyle Casey, Curry picked up Eagles point guard Biko Paris in the backcourt and helped force a steal that Lin recovered and brought the other way for a layup that cut the deficit to three...
...used to the discordance. Once the next stimulus is passed, Obama will make reducing a record-breaking deficit a theme of his State of the Union address in January. His second and third years in office will turn on whether he can fix the economy while still reducing the deficit and bringing two wars to a close. If he succeeds, he will enter the 2012 campaign in a strong position for re-election. If he fails, even he may not want the job of cleaning up the mess...