“And Goldsmith basically says: ‘Hey, be careful about this because it is fine to have trade between peoples who have the same lifestyles and cost structures and everything else. But, actually, if you encourage companies to relocate and put their factories in the cheapest place and sell to the most expensive, you in the end destroy the communities that you come from. And there will come a point where the productivity gains from the cheapest also decline, at which point you have a real problem on your hands’ – And we are kind of there.”
“My case was not about leaking. It was about torture,” says Kiriakou. “The CIA never forgave me for going public with the torture program, and they investigated me over the course of four years and just waited until I made a mistake.”
We could, as a country, look at the root causes of homelessness and try to fix them. One of the main causes is that a lot of people can’t afford a place to live. They don’t have enough money to pay rent, even for the cheapest dives available. Prices are rising, inventory is extremely tight, and the upshot is, as a new report by the Urban Institute finds, that there’s only 29 affordable units available for every 100 extremely low-income households. So we could create more jobs, redistribute the wealth, improve education, socialize health carebasically redesign our political and economic systems to make sure everybody can afford a roof over their heads.
The United States decades ago moved away from the standard 9-to-5 job as the manufacturing economy gave way to one dominated by the service sector. And as businesses strive to serve consumers better by staying open late or round the clock, they are demanding more flexibility from employees in scheduling their hours, often assigning them to ever-changing shifts.
Although Mr. Kazarian pushes it to an extreme, his main proposition — that Greece’s debt is not as burdensome as it might appear — is not outlandish. The country must make some very large lump-sum payments this year, but in the future, Greece will pay interest rates of 2 percent and below on debt that matures in 30 to 40 years.
“I hate to say that to a lot of my service company friends, but that’s the reality,” Evans says. “We’ve had over a 50 percent drop in commodity prices, so we’ve got to have a bigger drop in service costs.”
The February farm-equipment sales index plummeted to 19.5 from 29.5 in January. The index has been below growth neutral for 19 straight months. “Farmers have become very cautious regarding equipment buying even though their purchases of seeds and other inputs have remained solid,” observes Goss. This month bankers were asked to estimate the 2015 change in farm equipment sales for their geographic area. On average, a 14.4% decline in equipment sales is expected by the bank CEOs. Approximately 60% of the bankers expect reductions of more than 15%.
The severe weather began late last weekend with a large snow and ice storm, followed by a mass of arctic air that arrived midweek and sent temperatures plummeting to unheard-of lows in some areas.
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