The stock market fell 3.3 percent on Wednesday, when investors incorrectly bet that the government was not prepared to take any immediate action to address the weakening economy.
In an unusual confluence of policy, politics and business, President Bush, Alan Greenspan and the chief executives of the nation's largest corporations will all be in the spotlight this week, some more willingly than others, and the ways in which they address the weakening economy could have significant implications for workers, investors and the two political parties.
Obama's NSA speech repeated some of his previous fibs — there have been no abuses, surveillance has thwarted plots http://t.co/mB0XRZex06 Nothing in these proposals addresses the weakening of encryption standards, a huge issue for businesses as well as a privacy/cybercrime one.
But the society will be addressing them with weakened and tarnished institutions, a political process incapable of producing clear policies, embittered losers and mistrustful winners, and no accepted procedures for resolving political differences.
But the level-headed response is surely to push for reforms that might address those deficiencies while guarding against losing or weakening the assets we have.
When the government re-opened, it failed to address the arbitrary, across-the-board sequester that is systematically weakening the federal research enterprise.
The failure to address this most significant of the problems faced by Wallachians contributed to weakening support for the revolutionary cause.
The ratings agency cited weakening public finances, sluggish growth, unending deflation and "slow progress in addressing the bad-debt problems".
After a string of weakening output growth figures going back to last year, the authorities have come intense pressure internally to address the slowdown with a dramatic policy shift.
Indications are, however, that in some cases they may be weakening rather than strengthening the national health sector, particularly if issues of sustainability have not been sufficiently addressed.
