Word: bettering
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Dates: during 2000-2009
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...Post-medication, the patients give testimonies of better interactions in school, a better environment at home, and functioning a whole lot better,” said Stanley R. Vance, a student at Harvard Medical School who also works in Spack’s clinic. “Dr. Spack is a trailblazer in an area of medicine that hasn’t gotten adequate attention...
...among us is unscathed? Not many. Even if none of your family members died in combat, you had no money with Madoff and you own your house free and clear, you most likely still took a hit. To paraphrase the question Ronald Reagan posed years ago, Are you better off today than you were at the beginning of the decade? For most of us, the answer is a resounding no. Let us count the ways. For one thing, the stock market is down 26% since 2000, making this the worst decade for stocks. (Inflation-adjusted, it's even worse...
...natural cycle to history. Unless you believe that this country is in the throes of a deep and permanent decline, there's no question that we will rebound. "Usually when you've had a really bad decade like this one, the next decade turns out to be much better for investors," says Richard Sylla, a professor of economics at the NYU Stern School of Business. "Probably 10 years from now, people who are investing today are going to have fairly nice returns." Over time, stocks have averaged a total return of about 9%. Remember, stocks were down 1.2% per year...
There is no guarantee that the next decade (get ready for the Teens!) will be any better than this one. It's likely that China will continue to grow faster than the U.S., and we may continue to see our global dominance erode. But very significantly, we still hold many of the world's trump cards. We still have the world's strongest military, which means we can and must lead in maintaining order and crafting peace. We are the leaders in technological innovation. And we are still the nation that most others emulate. If we remember those points...
Serwer is the managing editor of Fortune. To find more of Serwer's insights into the next decade, look for our new TIME book, Starting Over: Why the last decade was so damn rotten and why the next one will surely be better. Available at time.com/startingoverbook...