Word: problem
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...Alas, therein lies Target's problem. Things are so bad, even cheap clothes are a luxury now. Why pull a new shirt off the store rack when you can snatch one out of the closet for free? Food, however, is not discretionary. Everyone has to eat, and more consumers want to dine at home to shave expenses. And there's a certain merchandising mammoth fulfilling that crucial grocer's role for consumers much better than Target. (See pictures of stores that are no more...
...problem for Obama, and perhaps for us all, is that some of the hand-wringing came neither from flibbertigibbets nor from opportunists. Some came from Warren Buffett, whose patient ability to take the long view has made him the wealthiest investor in America. Buffett was - and is - an Obama supporter, but he took to the airwaves on March 9 to try to seize the young President's attention away from health care and education and energy and refocus it back onto the economy. Warning that Obama's agenda has become too sprawling and provocative, Buffett admonished...
...second point is that a lasered-in President is an antidote to the flightiness and indiscipline endemic to both Washington and Wall Street. Fixing one problem at a time may strike Obama as mere gum-chewing. But in modern-day Washington, one is a very high number. The reason so many people were left slack-jawed by the Obama budget was not that they disagreed with his premise that health-care costs are out of control or that energy independence is desirable or that better schools are important to the future of the economy. It was the real-world knowledge...
...have had the experience of being involved in economic trade negotiations with the United States because after several rounds of negotiations, there was no one on the Japanese side that was willing to take up that responsibility. The biggest problem, when I got involved in the negotiations, was not about substantive issues. Rather, the American side thought the Japanese negotiators were lying, and they didn't keep their promises. I spent about half the negotiation time convincing them that I would keep my promises. The same situation applies in our relations with China. Every time an official from China visits...
...biggest problem in regard to China is that the contradiction between their market economy and communist rule has grown immensely. In this situation there is a unique role that can be played by Japan, given the fact that Japan is similar to China in terms of culture and ethnicity and has a relationship that spans more than 1,000 years. Using this unique position, Japan should make every effort, together with the United States, to persuade and encourage China to move toward democratization...