The fundamental failing of the Keynesian stimulus theory is that it neatly ignores the presence of financial markets, which have as their primary purpose transferring savings from those who do not currently need to spend to those who need the funds, either to spend or to invest.
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The first is the public finances, which have deteriorated as promised spending cuts have failed to materialise and higher interest rates raised debt payments.
To be blunt, the cause of distress for many parents is ignorance or perhaps even greed: putting all their 529 assets into equities rather than following traditional portfolio diversification into different asset classes such as bonds, which have performed very well as equities have swooned.
But we made progress because of our belief in those core principles, which have served as our compass through the darkest of storms.
WHITEHOUSE: President Obama Holds Town Hall with Chinese Youth
For these moments, her nearly prehensile-looking feet, which have become as much her signature as her extravagant leg extensions, were not quite bare.
WSJ: Sylvie Guillem | Leaving Ballet Behind | Dance Review by
The new body says it has two immediate issues to fight both of which have emerged as a result of the disease outbreak.
Pete Gardner, the chief executive of the British Athletes Commission, says he is "very concerned at the proposals, which have come as a bolt from the blue".
At this year's finals in Japan and South Korea there will be five African teams, four Asian sides (two of which have qualified as hosts) and three from North and Central America, out of a total of 32 teams.
As regards new writing about Barcelona I think one of the tendencies is to avoid a kind of picturesque or anthropological view of the city, which is what has happened a little bit in books which have concentrated as Barcelona as a setting.
This decline in the anticipated first quarter EPS points to the effect of the European sovereign debt crises, slowing growth in the Asia-Pacific region and the weak economic environment in the U.S. In addition, the company faces increased pressure on its net income on account of higher pension contributions, which have increased as a result of historically low interest rates.
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Dr Brady thinks that the growing of rubber in the Aztec empire was probably much more extensive than had previously been thought, as was the production of balls, which may have served as the store of value for an entire economic system.
Labour and the union Unite have called for a full-scale Leveson-style inquiry into the matter, which they have described as a national scandal.
New York courts have said the state constitution guarantees children the opportunity for a "sound basic education, " which courts have defined as a "meaningful high school education" that will prepare them to be competitive in a global economy and productive citizens at home.
Alpha-interferons are natural immune system chemicals, some of which have been developed as hepatitis drugs.
What's different is that users can opt out of Beacon, which critics have blasted as a privacy threat.
Meanwhile, both the House and Senate are proposing duelling budgets, which critics have dismissed as political window dressing.
BBC: President Obama in third day of budget talks with lawmakers
Brown also used his speech to defend equipment levels for British troops, which some have criticized as too low.
Clearly, the crowd--members of which have forked over as much as hundreds of dollars per ticket--wants to keep going.
Spanish flu was an epidemic that peaked in 1918, and which may have claimed as many as 100m lives.
At issue in the meeting was how to restart formal talks on Clinton's budget, which Republicans have rejected as undoable.
Applications such as Napster, which have made trading songs for free as easy as sending email, make the threat even more ominous.
Joe shares after the spill, which have since rebounded as 29% owner Fairholme Funds won a struggle for control of the firm.
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This will in effect be a wider version of the English Baccalaureate measure, which some have criticised as being too narrow, although that measure will remain.
BBC: Planned switch from GCSEs to Baccalaureate in England 'abandoned' - BBC News
Vaccines against germs which have been regarded as unworthy of attention might also be developed if such germs are shown to cause serious diseases.
Secretaries Gates, Clinton and Geithner all had speeches, which some have described as kind of a shot across the bow beforehand with some fairly tough talk.
Now help in moving their model into the real world is coming from some former executives at Amazon.com and Saks, both of which have signed on as advisers.
Sting and his wife have lodged an appeal against the tribunal's ruling that they unlawfully made Ms Martin redundant, a decision which they have described as "unjust and unfair".
BBC: NEWS | UK | England | Hampshire | Sting chef 'feared losing baby'
"There are two views which have been expressed as to whether Steve Norris will go before the hustings tomorrow night and I will consider those views, " the chairman said.
The report jarred the market from its tenuous balance between gradually improving economic data and the Federal Reserve's continued stimulus measures, which have been seen as providing a boost to stocks.
Click to EnlargeThe yearly chart of the Comex Gold futures can give an excellent long-term view of the SPDR Gold Trust ( GLD), which does not have as much trading history.
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