Word: towardness
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...true that Japan's public debt is approaching 200% of GDP - the highest among developed countries - which limits the government's options. Still, the state must deepen the social safety net to better cover the underserved: young workers and families. This will help reverse the population decline, rebalance growth toward domestic demand and remove the need to mitigate unemployment by propping up inefficient companies and farms. Japanese citizens will have to make sacrifices - they may have to pay more taxes, for example. But neglecting the demographic problem will only prolong stagnation and risks relegating Japan to has-been status among...
...Given its population size, the day China's per capita GDP is on par with that of the U.S. will be the day that this world collapses, due to depleted natural resources and accelerated global warming. These nations must take active steps toward reducing the effects of their commendable growth within the next 20 years or so. What's the point in getting rich if there is no world left to sustain your life, let alone enjoying your new gains? Yes, China can indeed help save the world: by not walking the same mistaken path that the supposed First World...
Figuring out how to balance the proper ongoing motivation of some of the nation's best and brightest people with the still simmering public anger toward Wall Street - and, at the moment, toward Goldman Sachs in particular - may be Blankfein's biggest management challenge yet. And he knows it. "Everybody's goal in life is to get 105% credit for all the good things they do and much less recognition for all the bad things they do," he says. "But with us, bizarrely, the view seems to be, What's good is bad and what's bad is good. There...
...young people who share Kennedy’s vision, his life can teach us that even in the face of seemingly insurmountable challenges, history’s long arc indeed bends toward justice. For Democrats moving forward with an ambitious agenda for reforming healthcare, energy, and education policy (to name only a few), Kennedy’s moral voice should continue to resonate. Arguments based on the nuances of legislative language and cost-benefit analysis are indispensable to sound public policy, but should never drown out debate over the broader moral imperatives that Kennedy understood and articulated so well...
President Obama has declared that Iran has until September to show positive steps toward demonstrating to the U.N. Security Council that its nuclear program is solely for civilian use. On the last Friday of August, the U.N. International Atomic Energy Agency (IAEA) released its latest report on Iran's nuclear-energy program, announcing that Iran has partly cooperated with the agency on allowing access to its nuclear facilities. However, the IAEA also reported that it "does not consider that Iran has adequately addressed the substance of the issues." U.S. State Department spokesman Ian Kelly said in response to the report...