This document discusses different leaders of the United States and their impact on the economy. It states that the economy declined under Jimmy Carter but boomed under Ronald Reagan. It fell into recession under George H.W. Bush and then grew strongly under Bill Clinton, before declining again under George W. Bush. The document criticizes a leader named Mr. Davis, saying he is perceived as both ineffective and uninspiring.
This document discusses different leaders of the United States and their impact on the economy. It states that the economy declined under Jimmy Carter but boomed under Ronald Reagan. It fell into recession under George H.W. Bush and then grew strongly under Bill Clinton, before declining again under George W. Bush. The document criticizes a leader named Mr. Davis, saying he is perceived as both ineffective and uninspiring.
This document discusses different leaders of the United States and their impact on the economy. It states that the economy declined under Jimmy Carter but boomed under Ronald Reagan. It fell into recession under George H.W. Bush and then grew strongly under Bill Clinton, before declining again under George W. Bush. The document criticizes a leader named Mr. Davis, saying he is perceived as both ineffective and uninspiring.
This document discusses different leaders of the United States and their impact on the economy. It states that the economy declined under Jimmy Carter but boomed under Ronald Reagan. It fell into recession under George H.W. Bush and then grew strongly under Bill Clinton, before declining again under George W. Bush. The document criticizes a leader named Mr. Davis, saying he is perceived as both ineffective and uninspiring.
Jimmy Carter and boomed, after a rough start, under ebullient
Ronald Reagan. We fell into recession under the often-unintelligible George Bush senior and then boomed under charming Bill Clinton, before declining once again under plain-spoken George Bush junior. Mr. Davis’s problem is that he is perceived not only as ineffectual but insipid; a bad combination for any leader. Topic : ____________________ ____________________ Main Idea : ____________________ ____________________ ____________________ 4. Pre-Election budgets are not what they used to be. Once upon a time, governments could be relied on to ply the electorate with extravagant giveaways in the run-up to polling day. But today’s voters are an edgeable-lot, so a more subtle approach is required. Gordon Brown’s second pre-election budget, like his first, avoided traditional tax bribes to the electorate as a whole. Instead, Britain’s chancellor opted for a selection of sweeteners, carefully directed at vital electoral target groups such as pensioners, poorer families and aspiring home-buyers. But the similarity between the two budgets ends there. In 2001, the public finances were exceeding healthy. Including measures announced in his pre-budget report, Mr. Brown was able to give away £8 billion ($12billion) in the fiscal year ahead while still forecasting a comfortable surplus. In this budget, Mr. Brown was in a much weaker position. Even the wee sweeties he handed out were far too much, bearing in mind how bad the figures now look. Topic : ____________________ ____________________ Main Idea : ____________________ ____________________ ____________________ 5. The World Bank is the world’s biggest development agency—a sprawling bureaucracy that is extremely difficult to run well. Its leader needs to know about development, be able to articulate a workable vision and be a good manager. Mr. Wolfowitz scores passably on two counts.