Word: annualized
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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...
...sometimes, themselves. "One of the most common things we hear is, 'We're sitting at the breakfast table, just the two of us, and we don't know what to talk about,' " says David Arp, who led an empty-nest training session with his wife last month at the annual Smart Marriages conference in Orlando, Fla. Carmen Hough, 55, who this spring completed a 12-week workshop in Jonesboro, Ga., puts it more bluntly: "You only have 18 years with your children. Then it's you and your husband, and if he's not your best friend, it's going...
More than anything else, Huh seems to have a knack for nailing the zeitgeist. Any of his sites, after all, could easily have become yet another passing online craze. (Remember the Numa Numa Guy?) Pet Holdings' page views, however, are growing at an annual clip of 300%. Huh admits some sites fall flat: "There's stuff you will never even hear about because it sucks so bad." For example, My Wedding is a Big Deal!, an assortment of bridal fails, Photobombs and other snafus, didn't quite gel. Another contender, called That's So Racist - for posting public examples...
...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...