Word: interests
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...that wouldn't be the end of it. In November 2002, during his first stint on the Fed - as a mere member of the board, not the chairman - Bernanke gave a now somewhat infamous speech about what central banks could do to fend off deflation even after short-term interest rates hit zero. The Fed could target longer-term interest rates, he argued. It could buy private securities, not just Treasuries. It could, figuratively speaking, drop money out of helicopters...
...otherwise excellent column, Klein made a significant omission. The reason employer-based insurance is failing is not that employees fail to act in their enlightened self-interest or that employers are "slouching away from that responsibility." Costs have risen to the point that most employers cannot afford to provide insurance, and individuals cannot come up with the $27,000 a family must pay on average for annual coverage. The only long-term solution is to eliminate insurance companies through a national single-payer health plan, or "Medicare for all." Without the profit motive and with Medicare's demonstrated efficiency, enough...
...goals are to uncover patterns in the design space which lead to a particular performance and come up with simplified models of the fluid mechanics interactions, and to come up with design rules,” Wood said. Wood’s research is of interest to the Air Force as well as other Department of Defense agencies because an understanding of aeroelasticity could help the design of future MAVs, according to Wu. “We are fortunate to have an increasing number of highly creative junior faculty like Rob Wood,” said Frans A. Spaepen, dean...
...sucked through a wormhole back into the real world. A world in which Congress, not the President, writes all the laws and gets the last word on the budget. Where consumers decide which cars to drive and how many lights to burn. And where the clash of powerful interest groups makes it easier to do nothing about big problems than to tackle them. Even the strongest, wiliest, most effective Presidents must change shape and shift direction to accommodate these and other forces. An ability to alter course without losing one's way is essential to presidential success. "I claim...
Well-funded liberal interest groups will compete to rush their pet causes to the top of this agenda, while conservative groups will use these issues to rebuild their battered bases. Both presidential candidates have promised to lance the boil of partisan demagoguery in Washington, but for many of these interest groups, comity is bad for business. The fracturing of the media into a thousand voices - many of them strident - will further complicate the new President's efforts to deliver on the promise of a more civil way of doing the nation's business...