Word: copings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Harvard affiliate Beth Israel Deaconess Medical Center announced last week that it will consider layoffs to cope with grim financial projections. The hospital announced an anticipated $20 million operating loss for the fiscal year beginning next October, due in part to a projected decline in number of patients. The hospital hopes to break even, under best case scenario projections, for this fiscal year. The announcement is a marked departure from previous predictions of Beth Israel’s CEO, Paul Levy, who said in an interview last month that “we have chosen not to do layoffs...
...will ensure that the failures of the past are never repeated," President Barack Obama proclaimed after nominating W. Craig Fugate to head the Federal Emergency Management Agency (FEMA). Figuring out what the President was alluding do isn't rocket science: the agency's inability to cope with the aftermath of Hurricane Katrina and George W. Bush's now-infamous accolade of then-FEMA director Michael Brown ("Heck of a job, Brownie!") have become touchstones of bureaucratic mismanagement. (See Obama's White House...
...their longevity, what does? While the study was not designed to tease out specific factors, Tindle proposes several potential explanations, which she hopes to validate in further trials: optimistic people have more friends and a larger social network on which they can rely during crises; they also tend to cope better on their own with stress, a risk factor that has been associated with high blood pressure, heart disease and early death in previous studies. It isn't entirely clear how optimists manage stress so well, but it may have something to do with their physiological makeup - genes and metabolic...
...government's plan to create jobs is not set up to cope with a situation in which jobs are lost at a rate of 2 million per quarter. Even advocates of tax cuts would have to admit that the money any cuts would add to business and consumer wallets would not make much difference in the next several months. That may be academic. The Administration is proposing a modest cut for most people, but it is just that - a modest cut. Businesses that will be taxed at a higher rate will have to decide whether that drain affects how many...
...reasons that the drop in economic activity has accelerated is that there is no mechanism in place to cope with a failure of this magnitude. The world in which The Great Depression played itself out predated the globalization of credit and economic interdependence. Even the worst of the large post-war recessions rarely lasted more than a year. Even at their most inventive, government policy systems are incapable of operating in an environment where the pace of negative change quickens by the week...