Word: depression
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Dates: during 2000-2009
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...result was the continuation of the socio-economic subordination of African-Americans in American society. After the Supreme Court’s decision in Brown v. Board of Education, the system of discrimination enforced by law was transformed into institutional forms of de facto discrimination that have continued to depress the status of black Americans. Beyond mere history, it is this continuing and on-going legacy of harm from slavery that is at the core of the case for reparations...
...Posters are more upbeat than in years past because we’re aware that it is October 11th,” Tremitiere said. “We don’t need anything more to depress us today...
...cuts this year (continued when the Open Market Committee lowered short-term rates by an additional 25 basis points on June 27) were not stimulating demand as expected. Meanwhile, Japan continues to see no growth at all; the needed structural reforms that Prime Minister Junichiro Koizumi has promised will depress economic activity in the short term. And in Germany, Europe's largest economy, the IFO index of business confidence has fallen to its lowest level in two years. To cap it all off, prices are rising in Europe...
...American businesses' overinvestment from 1998 to 2000. The buying spree was fueled by the Y2K frenzy, hype that the Internet was the greatest thing since the electric light, and a stock market that rewarded companies that predicted outrageous demand for their products. The overhang of those purchases may depress business investment for another year, however cheap the Fed makes it to borrow...
...very thought of Sir Joshua Reynolds, president of the Royal Academy and the most esteemed and successful painter in Britain, gave Blake fits: Reynolds was a slopping, daubing Antichrist. "This man," Blake scrawled across the title page of his copy of Reynolds' printed lectures, the Discourses, "was Hired to Depress Art:--This is the opinion of Will Blake...