Word: nonetheless
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...Elmendorf acknowledges that he has benefited enormously from the work Orszag did before he left for the Obama White House. Orszag expanded the CBO staff, particularly the number who specialize in health care, and produced volumes of research on the subject. Nonetheless, Elmendorf says, the workload this year has been such that his staff has been working six to seven days a week, with computer traffic often continuing until...
Wall Street also seems unhappy about a fee for being big. Financial executives don't like the idea of having to pay a too-big-to-fail tax, but nonetheless I think they get it. Banks pay for deposit insurance - this just extends the idea to the rest of the bank's liabilities, which get covered by implicit too-big-to-fail guarantees. What a lot of firms don't like is the idea of having to pay a financial-crisis-responsibility fee for the next decade, as Obama has proposed to recoup TARP loans to AIG, the auto industry...
...genre. Simultaneously, Bogdanovich presents a parallel story line in which the director himself profiles aging horror film legend Boris Karloff in the twilight of his career. Guest feels that while the sensationalism of the former plot line and the bittersweet sentimentality of the latter may appear diametrically opposed, they nonetheless work together nicely as a tribute to the classic Hollywood style Bogdanovich emulated...
...chilling frugality may remain in the air, but buds of optimism for retailers are sprouting nonetheless. The National Retail Federation (NRF), in its 2010 outlook released Tuesday, Jan. 26, expects retail sales to rise 2.5% on average in 2010, reversing the 2.5% decline seen in 2009. "As we continue to see signs of improvement throughout the U.S. economy in 2010, overall sentiment will begin to lift, making way for slight increases in consumer spending," said Rosalind Wells, NRF's chief economist. Although shoppers will continue to be "frugal," - yes, even she expects it - retailers will benefit from leaner, smarter inventories...
...invited a government tutor and the Adams Brewing Club to host their own apolitical viewing of the speech. Members of the Brewing Club brought a festive tone to the event—though drinking each time to the word “job” proved infeasible. Attendees were nonetheless anxious to hear from Obama, Samuel B. Novey ’11 said...