Word: chipping
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Dates: during 2000-2009
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...attention to a broader range of forecasts. That's why there's no shortage of publishing and financial firms surveying groups of economists, presenting all of their opinions as "consensus" forecasts. A 2003 study by researchers at the Federal Reserve Bank of Atlanta found that the Blue Chip Consensus Forecast, which polls some 50 economists each month, is consistently better than any of its individual members. The researchers dubbed that result a "reverse Lake Wobegon effect": everyone was below average. During economic turning points - like the one we're currently in - the individual forecasts veered further off the mark...
...Still, the balance remains to be settled. The L.A. attorney's office is investigating how the cash-strapped city got stuck with the bill - and how it can press other parties to chip in. Officials have reached out to members of the Jackson family, though their response is as yet unknown. (Hear TIME's top 10 Michael Jackson songs...
...before experiencing "frequent and prolonged server crashes," according to a press release issued by Mayor Antonio Villaraigosa's office. The mayor's office has asked fans to revisit the website now that it is up and running again. Roth says the city reached out to AEG to chip in as well. "I know they contacted us initially," he said. "I couldn't tell you how much further it has progressed...
...Jong Un is 26 and a chip off the old block, according to Kenji Fujimoto, the Japanese chef who used to cook for the Kim clan. He is short, a bit overweight and "aggressive," Fujimoto has said, "just like his father." And Kim Jong Un is now, many analysts believe, officially in line to succeed Kim Jong Il as the leader of the Democratic People's Republic of Korea - which helps explain Pyongyang's recent explosively belligerent behavior. (Read "Time to Face Facts on Our North Korea Ignorance...
...locates and detects objects - to create increasingly complex designs. The familiar "U.S. Woodland" pattern, which has been taken up by soldiers in Ghana, Zambia, Uganda and Liberia, replaced the "tiger stripe" look of the Vietnam War, while troops during the first Gulf War donned "chocolate chip" or "cookie dough" duds - nicknames outdone only by the "scrambled egg" scheme favored by Egyptian forces. (The mottled black and off-white flecks found on both are meant to mimic the gravel and stones of a desert landscape...