Word: cheaping
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Dates: during 2000-2009
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...over the years, as personal electronics became more affordable and ubiquitous, CES mushroomed. It offered a dramatic venue for the debut of some of the most important consumer technologies of the past 40 years, including the VCR (1970), cheap digital watches (1976) and affordable, albeit primitive, home computers (1978). 1981 was a banner year, with the debuts of the camcorder and the CD player. By 1973, CES had become so popular, organizers decided to put it on twice a year. It was held in Chicago from 1972 until 1977, when it started alternating shows between the Windy City...
...everyone is applauding the return of cheap oil. Oil-producing nations that raked in billions over the past few years now face a reckoning. Governments that didn't set aside any of their windfall, or shortsightedly budgeted on sky-high prices - and more than a few fall into both categories - are grappling with tumbling revenues. The reality of lower oil prices for countries such as Iran, Nigeria, Russia and Venezuela in 2009 is likely to include political unrest, massive cuts in public spending, and rocketing inflation and unemployment. "The brutality and speed of the price decline is a huge shock...
...keep spending, especially on social programs such as public housing and health. He has also flaunted his petro-wealth over the past few years, by giving money and free oil to allies like Bolivia and Cuba. Such generosity may be unsustainable, as Chávez is discovering. He provided cheap heating oil to poor Americans in New York, Massachusetts and elsewhere until last week, when Venezuela's financial meltdown forced him to scrap the program...
...possible we've reached a moment of creative commiseration. A friend in Iowa was invited to a poverty party--"because why should a worldwide recession spoil all our fun!" the invitation said. Guests were told to bring "a dish to share, a (cheap) bottle of wine, a hard-luck story and a devil-may-care attitude." We share casserole experiments: food itself becomes communal, everything in the fridge pitching in. You learn a lot about your neighbors when you carpool, and save...
Shortly before Christmas, a friend of mine, Veronica Fowler of Ames, Iowa, decided to throw a last-minute bash - not a holiday party but a "poverty" party. About 30 people showed up, dutifully following the invitation?s instructions to bring a "dish to share, a [cheap] bottle of wine, a hard-luck story and a devil-may-care attitude." Fowler, 46, a freelance writer and editor whose guests were mainly fellow media types and academics in their 40s and 50s, says, "It was fun to spit in the eye of impending doom. All of this tension is a lot more...