Word: soon
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Plan of attack: Whatever its other challenges, the new economic team already has one huge advantage: economists from both right and left now agree that a massive stimulus measure is needed--and soon. The éminence grise of Republican economic advisers, Harvard's Martin Feldstein, raised some eyebrows in October by saying the stimulus package might need to be as big as $300 billion. Already that seems timid. Jan Hatzius, chief economist for Goldman Sachs, is telling clients he expects Obama's stimulus package to be $400 billion to $500 billion a year in order to compensate for a retrenchment...
...band. He had his chance at being a foreigner, at least temporarily. It was the end of the band's last international tour, and he was offered a rich, steady gig in Munich. He says that only loyalty to the group brought him back home. But as soon as they got back, the band absconded to Mexico. Some say Hanry started drinking after that; he says he was just disgusted with the betrayals. Whatever the backstory, Hanry, a powerful and precise player in his prime, left music altogether for a few years...
...about anything that leads to brawls in parliament, angry demonstrations and fiery rhetoric from the Prime Minister. But the deal between the U.S. and Iraq over the future presence of American troops has unified Iraq in unexpected ways. Politicians agree that the U.S. military must withdraw, and soon--and while they disagree fiercely about whether the end of 2011 is soon enough, the debate has brought together some unlikely bedfellows. Sunni hard-liners joined Shi'ites loyal to cleric Muqtada al-Sadr in opposing the deal, while Prime Minister Nouri al-Maliki won enthusiastic backing from Anbar province sheiks ordinarily...
Cambridge might be getting colder, but that clearly isn’t an issue for Evelyn L. Hu or David R. Clarke, who will be leaving the sunny beaches of California for the soon-to-be icy paths of Harvard Yard. “I really miss the seasons,” Hu said. “I don’t mind the cold.” Hu—currently a professor of electrical and computer engineering at the University of California, Santa Barbara (UCSB)—was recently appointed a professor of applied physics and electrical...
...press three days in a row. He named his economic team. He promised an enormous stimulus package that would somehow create 2.5 million new jobs, and began to maneuver the new Congress toward having the bill ready for him to sign - in a dramatic ceremony, no doubt - as soon as he assumes office...