Word: problem
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After last week's political theater in Washington over the $700 billion bailout bill, the stock market's continuing woes have left many people shaking their heads. Isn't that huge sack of money Treasury Secretary Hank Paulson sought supposed to be solving the problem...
...much about overhauling a failed economy as it is about limiting carbon emissions. That message didn't get across during the debates over Lieberman-Warner; the next President and Congress will need to do better. "Addressing greenhouse gases and addressing the economy are all part of the same problem," says Barbour. "This is absolutely a top priority. It can't be postponed forever...
...many schools, the pressure to wear the “right” clothes and brands reinforces socioeconomic inequalities among students and permits implicit fashion requirements for friendship. On a more concrete level, requiring uniforms will prevent students wearing gang-related clothing and accessories—a serious problem in Hartford schools—from infecting the classroom learning environment. Freedom of expression may be an important part of our social fabric, but when graduation and proficiency rates are plummeting, fostering academic proficiency must be priority. While uniforms do not offer a holistic solution to the problems of academic achievement...
...than originally thought. Turmoil in Europe as governments scramble to cobble together their own bailout packages has convinced Asia that the contagion will spread far from Wall Street. "We felt pretty good that our economies are stronger," says Song Seng Wun, an economist at CIMB-GK Research in Singapore. "Problems seemed to be other people's problems." But recent events "have made us realize that we aren't entirely safe. It looks like the problem might be closer to home...
...Which still leaves the problem of how to address the broader crisis now that the country-by-country approach appears to be failing. Gros recommends a common European scheme to shore up capital of distressed banks and the establishment of a "clear center of joint responsibility for the supervision and liquidity support of cross-border European banks," which he says should be housed in the European Central Bank. (At present, the chief tool available to the ECB is lowering interest rates...