Word: cheaping
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Dates: during 2000-2009
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...meantime, just as central banks in the U.S. and euro zone have pumped cheap cash into money markets to boost liquidity in recent weeks, the Bank of England announced plans to inject almost $30 billion into the U.K. system after the credit squeeze nudged up the rates banks were charging each other to borrow. The longer those rates remain high, the more mortgage providers will be forced to pass on the costs to homeowners, increasing the chances of a consumer spending slowdown and a weakening economy. That prospect - and the dramatic half percentage point...
...cracking down on fatty foods: Berkeley and Arcata, Calif., limit greasy chains, while certain districts of Port Jefferson, N.Y.; Concord, Mass.; and Calistoga, Calif., ban them entirely. But critics say L.A. is ignoring a bigger issue: poverty. About 28% of its residents are poor, and fast food is a cheap dinner...
...mind, called a voluntary employees' beneficiary association (VEBA) according to the 1928 tax law that governs such trusts, would create an independent body, run by the UAW, with the sole responsibility of paying for the health care of GM's retirees and their spouses. It won't come cheap. Analysts estimate that GM could end up paying 60 to 70 cents on the dollar of its $50 billion obligation to establish the trust. But investors have been pushing for a VEBA since Goodyear set up a similar plan with the United Steelworkers last year. Wall Street, after all, hates uncertainty...
...made it easier to get to the Arctic, so high oil prices have made it worth the hassle of doing so. This summer's activities were, in essence, attempts to claim the rights to seabeds that few considered worth a walrus's whiskers a generation ago, when oil was cheap and the ice was thick...
...entire life. Granted, it's a false choice to say that it's either sexless marriage or shipping the runts off to CBS reality camp. But beyond the cheap shock, I suspect Kid Nation has touched on a real anxiety in the era of extreme parenting: the horror, and yet the appeal, of children having lives separate from Mom and Dad's. Because even to a good parent, sometimes "kid nation" can sound like America by another name...