Word: booming
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...conflict of interest for the ratings agencies, which want to hold onto that business. (See "How to Know When the Economy Is Turning Up".) Favorably rating structured finance products - including Frankenstein creations like synthetic collateralized debt obligations - became a major source of profits for the ratings agencies during the boom years. By mid-2007, some 37,000 issues earned top marks; thousands have since been downgraded...
...rise in unmarried mothers is just part of what amounts to a new baby boom; the 4.3 million births in 2007 was the highest number ever registered in the country. That's good news for Babies "R" Us and the day-care industry. But the rise in births to unmarried mothers could become a policy challenge, even for those who disagree with Quayle. Study after study has shown that babies born to unmarried mothers are at higher risk of ending up in poverty, and that the mothers themselves face educational and economic hurdles. "And in this economy, where attachment...
...impatience. In early 1993--a moment not unlike this one--I joined the mob jumping all over the unseemly sausage-making that attended Bill Clinton's economic plan. Firmly fixated on twigs and branches--not even trees!--I missed the forest: Clinton's budget discipline led to the economic boom of the 1990s...
...most-talked-about art of the past decade or so was shiny, shrill and brazen. Damien Hirst's diamond-crusted skull, Jeff Koons' big mirror-steel bling things, Richard Prince's slutty-nurse paintings: they were all the swaggering output of a boom time. There were plenty of artists working in a different key, but no one could claim that anguished moralists were the representative figures...
...paper, not successive sheets, so that the smudges and wipes survive from frame to frame and the images don't so much move as morph forward with bumps and stutters, the way they do in Claymation. Nothing could be further removed from the diamonds and stainless steel of the boom years. It's a style, poignant in its very crudeness, that by its simplicity confers instant legitimacy on Kentridge and his work...