Word: problem
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...Part of the difficulty for China's central-bank chief, Zhou Xiaochuan, is that the country lacks reliable statistics on which to base economic projections and policies. "They're driving at night without good headlights," says Stephen Green, Shanghai-based economist with Standard Chartered. Another problem is that monetary and fiscal policies are intimately tied up with politics. For example, Chinese President Hu Jintao's centerpiece program of building a "harmonious society" by raising wages and improving state services such as health care for poorer workers plays well with the masses, but may undermine efforts to contain inflation...
...Thomas’ case awarded the plaintiffs $9,250 in damages per song, totaling $220,000. Though Ms. Thomas could have originally settled for much less, it seems the record companies’ strategy in the case of harshly punishing customers who step out of line is representative. The problem remains that most Americans already know the suffering of the Clive Davises of the world. They simply do not care. The record companies have been pouting for nearly a decade, nervously adjusting their ties in anticipation of a business model rendered rudderless by the advent of the Internet...
Eliot University Professor Lawrence H. Summers, who spoke at last weekend’s symposium, said he believed that “the lack of diverse perspective” is a serious problem because it denies progressives the opportunity to “sharpen and develop their arguments...
...Summers, who in 2001 became Harvard’s 27th president. Efforts to recruit minorities made Harvard’s undergraduate student body more racially diverse, but aside from the institution of need-blind admissions, no similar steps had been taken to diversify along economic lines—a problem not unique to Harvard, according to Summers. “If you look across the country, dumb rich kids are more likely to go to college than smart poor kids. The message of Harvard’s availability to low-income students was very much a shrouded and unclear...
...says that it is "the kinds of economic and resource advantages their parents can give [students]" - as well as the level of parental involvement in their kids' education -that determines success or failure in high school. That's a message the teachers' unions and Democrats in general love: The problem isn't in the schools; it's with social inequality...