Word: cuts
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Dates: during 2000-2009
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...most government assistance should be paid but also how. Unlike his job with the 9/11 fund, Feinberg's position as pay czar is not one that inspires sympathy. Some think his meddling has made the firms over which he has sway less competitive. Others say he didn't cut enough. But as Wall Street prepares to hand out eye-popping year-end bonuses, the larger question is this: Just how much does it matter what people are paid? "Where is the empirical evidence that by doing what Feinberg is doing, we'll solve the problems that caused the financial crisis...
...water becomes infested with jellyfish, it's not so easy to engineer a recovery. The Black Sea has begun to recuperate, but only after a convergence of several unlikely occurrences: many of the region's fisheries shut down when their stocks fell, the breakup of the Soviet Union sharply cut the amount of fertilizer in the sea, and another alien jellyfish, the Beroe ovata, which preys on the Mnemiopsis, not fish, was accidentally introduced to the water. "It's taken three separate events," Richardson says. "The point is you can't just stop overfishing and expect the fish to come...
...only because it provides a single number which nations can use to measure themselves against neighbors and rivals. At an OECD conference in Korea later this month, attendees will try to develop an array of measures that take into account broader definitions of well-being. They have their work cut out for them. While the tiny Himalayan kingdom of Bhutan measures its gross national happiness, no major economy has followed suit...
...trillion from the year before. The stimulus bill accounted for just $200 billion of that increase, according to the Congressional Budget Office. Bailing out banks and other financial firms cost $245 billion. A $419 billion drop in tax receipts (due mainly to recession, not legislation) without an offsetting spending cut was the biggest factor in the deficit's rise. Then there are the trillions of dollars the Federal Reserve put into asset purchases and other programs - surely the biggest stimulus...
...Cut triangles from yellow construction paper and tape them to your shirt. Carry a plastic cup labeled ”guacamole...