Word: midst
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...Dallas, it’s almost as though a hero has finally come home after years in the midst of a bitter struggle with “the Arabs” overseas and the evil intellectuals on the domestic front. And the extent to which Bush has been welcomed with open arms down here sheds light on one of the oddest things about Dallas—the way in which it decides who belongs and who does...
...China's stimulus stands in stark contrast with that of the U.S. According to a recent study by the World Bank, Beijing's government spending will generate more than 80% of the country's overall economic growth this year. This is partly because China was already in the midst of a nationwide infrastructure program when the recession hit. Emergency spending measures simply added to existing schemes already under way. In other words, the projects really were shovel-ready, and the money hit the streets quickly - and in large dollops. Outlays on new railway construction, for example, were $41 billion last...
...unquestioned leader of the global economy, is now in the midst of a disorienting shift in economic policy, away from the let-it-rip form of capitalism that has guided it for almost 30 years and toward more overt government control and regulation of huge swaths of the economy. No one yet can safely say whether this is wise, but in the U.S. it is certainly the stuff of increasingly fierce debate. No such doubts are evident in China, where the government reacted to the crisis with alacrity and the economy is now responding in kind...
...short, Washington is in the midst of a sweeping power grab over the compensation practices of corporate America. This makes me cringe, at least a little. The government's record at pay regulation is not encouraging. The wage and price controls of the Nixon era were quickly abandoned as unworkable. A 1993 attempt by Congress and the Clinton Administration to rein in executive pay by not allowing corporations a tax deduction on executive salaries above $1 million turned out to be an object lesson in unintended consequences. Because it exempted performance-based pay, the new limit accelerated an already...
...reliable information may prove as big a challenge as injecting the vaccine into people's arms. For instance, antivirals like Tamiflu are recommended in some cases for family members of those already sick with flu but not for large populations, like schools, that may have flu circulating in their midst. (Officials worry that widespread prophylactic use of antivirals could deplete stockpiles for people who really need them and create more deadly flu strains in the long run.) Officials must also explain that the seasonal-flu vaccine, which is specifically recommended for more than half the U.S. population, is ready...