Word: annualized
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Dates: during 2000-2009
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BabyCenter.com offers a calculator to help determine the cost of raising a child; I wonder how great a deterrent this represents. It uses figures from an annual report from the U.S. Department of Agriculture, which I suppose would be the expert in growing corn - or kids. This year's report says a typical family will spend about $221,000 raising a child through age 17; that's 21% more than families spent the year I was born. Food and clothing are cheaper now, but housing and health care cost more. Turns out parents get a bulk discount: people with only...
...cell phones, sedatives. I'm thinking the bureaucrats have not been to a mall lately, since their tables allow about $60 a month for kids' shoes and clothes. It is true that globalization has driven apparel prices down over the years, but if you have daughters, you confront the annual phenomenon whereby the clothes shrink as the prices rise, leaving you wildly grateful for a school dress code requiring that shoulders and navels be covered. (See pictures of a diverse group of American teens...
...also becoming the chief financier for the U.S. clean-energy sector, retooling a sclerotic department to shell out about $39 billion worth of short-term stimulus projects - nearly 150% of its normal annual budget - while reorienting its long-term research and development toward artificial photosynthesis, advanced batteries and other technologies he envisions as low-emissions "game changers." Chu plays up his geeky image - he gave Jon Stewart a Nerds of America Society T shirt on-air - but he's no ivory-tower ingenue. "Energy," he says, "is all about money." He cut his teeth in the entrepreneurial culture of Bell...
...Petraeus, speaking to an annual Marine Corps Association Foundation dinner on July 30, praised the leathernecks while taking tongue-in-cheek shots at both the Army and the Air Force. "A soldier is trudging through the muck in the midst of a downpour with a 60-pound rucksack on his back," Petraeus began. "'This is tough,' he thinks to himself. Just ahead of him trudges an Army Ranger with an 80-pound pack on his back. 'This is really tough,' he thinks. And ahead of him is a Marine with a 90-pound pack on, and he thinks to himself...
...find your niche. But enough with the negatives—all right, maybe just one more. Don’t feel bad if you’re not inducted into the Hasty Pudding social club. Seriously. Unless your daddy was just featured on the Forbes’ annual billionaires list—in that case, do feel bad. You must have said something wrong...