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Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗
I'm really happy that I got to work with such fresh talent. In a day when record companies are not particularly good at encouraging young, talented songwriters to come forward and get exposure, I think it's important to give tomorrow's songwriters the opportunity. ↗
Our investments in data, Internet and international have been particularly timely and have positioned the company to post industry-leading incremental revenue gains. ↗
We accelerated our capital spending in the fourth quarter, particularly in international and next-generation network deployment, which should not only sustain future revenue growth but also drive significant cost reductions across all communications services. ↗
Obviously, things can get derailed, particularly if, which looks more and more likely, you get a blow-up between Israel and Iran. I think that's a very real probability now. But barring some real blow-up, the U.S. economy will grow, after a slow first quarter, about 3, 3.5 percent this year, far better than it was in 2011. ↗
