Word: spent
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...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 trillion 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...
...race between Clinton and Obama has tightened and become increasingly heated, Bill Clinton has spent more and more time on the trail for his wife - often to mixed reviews. But their South Carolina strategy carries a one-two punch. By not actively campaigning here for most of this week, Clinton is essentially ceding the state to Obama, who, on the strength of the black vote, is ahead here by 10.5 percentage points, according to an average of South Carolina polls by Real Clear Politics. Not making a real effort here allows her to discount an Obama win as uncontested...
...Obama spent the day on the defensive, growing visibly frustrated at times with the Clintons. "My point was that Democrats have got to reach out to disaffected Independents and Republicans and form a working majority to move our agenda forward," Obama told supporters in Lexington yesterday. "Well, this suddenly became a situation where I was claiming that the Republicans had all the good ideas since 1980, according to the Clintons...
That does not sit well for officers like Captain Joel Brown, in charge of Eagle company for the 2-2 Styker Cavalry Regiment. For him, money spent bankrolling the Sunni al-Sahwa ("Awakening") movement is money well spent. Al-Sahwa patrols neighborhoods in his area and effectively works as a local muscle, beating back insurgents and keeping the peace where local law enforcement has long since abandoned. When Brown's company arrived in southern Baghdad in August they found 50 roadside bombs in one day; they would sometime engage in two or three firefights daily. Now he pays nine Sunni...
...from a self-inflicted wound - the decision to put up a fight in last Tuesday's Michigan primary. "Had we had a couple more days here, we would have definitely won, no ifs, ands, or buts about it," said Beasley. Instead, while Thompson camped out in South Carolina, Huckabee spent nearly four days after the New Hampshire primary traveling through Michigan, where he finished a distant third...