Word: problem
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...services and hope that enough consumers get behind one to make it the de facto standard. In the meantime potential subscribers will be confused, will waste money on products that they don't understand, and, eventually some will be told that their tech choice lost the battle. A similar problem faced consumers with high definition DVDs. The Blu-ray and HD DVD forces battled for over three years. Blu-ray won that war, but its sales have been very modest. Maybe the new technology seems too expensive to consumers. Maybe most people think video looks fine in standard definition...
Troops alone won't do that job, and Obama knows it. "I am absolutely convinced that you cannot solve the problem of Afghanistan, the Taliban, the spread of extremism in that region, solely through military means," he told an interviewer. But more soldiers are needed, if only to stop the grim litany of bad news from Afghanistan getting worse. With sanctuaries across the border in Pakistan--which the government there seems in no hurry to close down--and with a growing acceptance of the Taliban's strength in Afghanistan, militants have the wind at their back. They welcomed U.S. envoy...
...very talented guys, and the problem I had is that they all looked like heroes-in-waiting. I wanted somebody who looked like a loser. My daughter said, "You want a loser? You should see this guy in this TV show Skins in the U.K." We auditioned him a few times, and he earned the right to play the part...
...though, the scads of lushly paid Wall Streeters have driven the financial sector into a ditch, and taxpayers around the world are spending trillions of dollars to fix the problem. This chain of events has, understandably, focused big-time scrutiny on financial-sector compensation. President Barack Obama plans to limit cash pay to $500,000 for the top five executives of firms that take more aid from the government, and the stimulus legislation he signed into law on Feb. 17 sharply restricts bonuses for the 25 highest-paid employees of any company that has taken bailout money. While Wall Street...
Whether you think this is a problem depends on whether you agree with Kaplan and Rauh's assessment of the forces behind rising Wall Street pay. If it was all a market phenomenon, it will now correct itself, as the financial sector's employee ranks and paychecks shrink to reflect the smaller pool of assets it has to play with. Overall income inequality is likely to drop sharply as well, Kaplan says...