Word: spent
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...that hockey hasn't tried to reverse its luck. Since 1995, the league has spent over $6 million to expand its Diversity Program, which O'Ree, 72, helps direct. When the NHL started its diversity initiative, there were 5 inner-city hockey programs in North America. Now, there are 39. This year, the league has expanded its "Hockey in the Hood" tournament to include more teams. Coleman himself is a product of these efforts. "There are more kids of color playing hockey today than ever before," says O'Ree, though there's no statistical proof to back this claim...
...every other state contest thus far, Romney is far outspending his Republican rivals on paid advertising. In Iowa he spent more than Huckabee by a ratio of 7 to 1, while in New Hampshire and South Carolina, he spent more than McCain by at least 5 to 1. And in the past month, one rival campaign estimates that Romney has spent twice the amount spent by any other candidate. He has also worked to gain an advantage in what consultants call "earned media" - the free, generally friendly local news coverage that a candidate generates by swinging through town. On that...
...professor of economics at New York University. He sees a sharp, possibly year-long U.S. recession and a global slowdown. Despite Asia's torrid growth, consumers in China and India accounted for only $1.6 billion of the world's spending last year, a tiny fraction of the $9.5 trillion spent by Americans, according to Stephen Roach, head of Morgan Stanley's business in Asia. It's impossible to pull U.S. spending back without sending ripples through the rest of the world...
...economy just like cutting taxes. The government builds a bridge or a highway, people get jobs, take their families to Olive Garden, which hires more waiters, and so on. In fact, direct government spending is a more efficient stimulus than an equivalent tax cut because all of it gets spent. When actual people get hold of the money, a few might have an unpatriotic tendency to save some...
Bill Clinton spent years rebranding himself as a global rock star, Hillary Clinton as the workhorse Senator who knew her stuff. She had the money, the machine and the momentum, until all of a sudden she didn't. There was Barack Obama, on his postpartisan pedestal, a transformational figure who somehow made hope sound hip, raised tons of cash, got kids to actually show up and vote, had red-state Democrats lining up to endorse him. This was not the fight the Clintons had trained for. Something had to change, and quickly...