“Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.” FirstsHas BeensFallCausesHalfGrowingProductsColdOfficePercentRateSignificantBudgetsAnalysisGrossDeficitTurkeysCliffsReductionRecessionsAnnualsGross Domestic ProductCold Turkey Author:Christina Romer
“The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could find mortgages at low interest rates even during the worst phase of the financial panic.” FallInterestWorstParticularLowsDeserveRateFinancialCreditAdministrationPanicHouseholdPhasesHousingEmpoweredMortgageInterest Rate Author:Mark Zandi
“The dream of romantic love is taken more seriously in North America than it is anywhere else in the world, which is why we believe in fidelity and why we believe in infidelity as well. It is also, of course, what makes our divorce rate as high as it is. Falling in love at first sight and instant gratification are part of the world in which we live, so there are people who believe adamantly in fidelity. They just don't believe in it for long.” PeopleWorldFirstsBelieveWellsLongDreamAmericaRomanceFallCoursesLove IsTakenSightFalling In LoveRateDon't BelieveDivorceInstantRomantic LoveLove At First SightInfidelityGratificationFidelityNorth AmericaInstant GratificationDivorce Rates Author:Merle Shain
“No other advanced nation endures this kind of violence. None. Here in America, the murder rate is three times what it is in other developed nations. The murder rate with guns is ten times what it is in other developed nations. And there's nothing inevitable about it. It comes about because of decisions we make or fail to make. And it falls upon us to make it different.” KindDifferentAmericaFallThreePoliticsNationsCommunityJusticeDecisionViolenceFailingPolicyTenEthicsGunMurderEndureRateIdeologyInevitableForeign PolicyThree TimesDecisions We MakeDeveloped Nations Author:Barack Obama
“Over the last few years a lot of people have become aware of the inequities in the criminal justice system, right now, with our overall crime rate and incarceration rate both falling, we're at a moment when some good people in both parties, Republicans and Democrats and folks all across the country, are coming up with ideas to make the system work smarter and better.” PeopleYearsIdeasCountryMomentsLastsFallJusticePartyCrimeRepublicanRight NowDemocratRateFolksCriminalsGood PeopleSmarterJustice SystemCriminal JusticeIncarcerationCriminal Justice SystemCrime Rates Author:Barack Obama