Word: bottomly
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Dates: during 2000-2009
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...inequality that some say started with Ronald Reagan's "trickle down" theory. But this is, at best, an imprecise analogy, because money isn't flowing from poor people's pockets straight to the rich: the pie is getting bigger for everyone. From 2000 to 2005, pretax income for the bottom half grew 15.5%. The rich just got a larger cut of overall growth (a 19% gain for the richest 1%). Perhaps better, then, to call it the big-slice theory...
...more famous--and more raucous--Rat Packers. By the 1960s he had earned stardom alongside buddies Frank Sinatra, Dean Martin, Peter Lawford and Sammy Davis Jr. But he was never completely overshadowed by the better-known members of his cohort. In 1960 TIME wrote, "Theoretically, Joey has bottom billing, [but] as soon as he starts talking he is recognized as top banana in a newly assembled comedy act that is breaking up Vegas." Bishop later appeared in his own sitcom and filled in about 200 times as host of the Tonight Show...
...which has annual sales of $65 billion. BMW won't say how much it's invested in the company since 1998, though Rhys conservatively estimates it could be around $1.2 billion. BMW will certainly be happy to see Rolls generating profits, but they won't much affect the bottom line. But owning Rolls-Royce gives BMW some intangible benefits: prestige and bragging rights. It proves it can sell cars that sweep the breadth of the market, from budget to budget-busting. To be sure, if the world's economy sputters and all car sales go off a cliff...
...program aroused no public complaint from the Dean’s Office at the time of its establishment. One explanation for the administration’s reserve might have involved a comprehensive student-satisfaction survey administered in 2002 to 31 elite institutions, in which Harvard ranked fifth from the bottom. While the results were leaked to The Boston Globe in 2005, a former administrator told The Crimson last year that orders had come from the very top as early as 2002 to improve Harvard’s social scene. Then-University President Lawrence H. Summers, added the individual, encouraged...
This veil of secrecy, however, is to some extent a necessity because openness could hurt the bottom line. If other investors knew how HMC was making its money, they could make the same investments, bidding up asset prices and cutting into its returns. Its techniques would also be laid bare for others to imitate...