Word: bogeyman
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...difference between Beliefnet and Patheos: "We're multifaith, but for the most part, people use us to explain their own, rather than learn about other, religions," says Waldman. Which is why Patheos may be well supported among those whose religions have been broadly misunderstood. "Islam is this bogeyman," says Patheos contributor Jonathan A.C. Brown, a professor of Arabic and Islamic studies at the University of Washington, noting that people act as though "everyone has achieved some enlightenment, except for Muslims, who are stuck in the Dark Ages." For Muslims, he says, "to have a forum where their religion is going...
...recession, and the U.S. in recession, it is high time we face our fears: We are living through a global recession. Still, the worst may be yet to come—if policymakers continue to push for short-sighted economic nationalism, they will make sure this becomes the worst bogeyman of them all: a global depression...
...learning too much from the particular crises they handled when they were last in office. As a result, they often ignore criticism in their attempt to prevent previous plights from recurring. And, when everyone in the room has the same nightmare, each in his lookout watches the same bogeyman...
...Obama’s aides, the nightmare is a depression like the one that struck Japan in the 1990s, and a slow government response is the bogeyman. Geithner and National Economic Council Chairman Larry Summers were Clinton officials when a real-estate bubble in Japan burst, dragging the country into a decade-long slump. Alarmed by the downfall, they watched Tokyo gradually approve stimulus spending and scatter funding across projects—to no avail...
...technology made farms more efficient, creating large crop surpluses, low grain prices, and slim agricultural profits. Farmers suffered the fallout, convincing Roosevelt’s future advisers that capitalism had failed and only government could prevent further hardship. A decade later, these professors-turned-bureaucrats saw the bogeyman of the 1920s as the cause behind the Great Depression: an unregulated market...