Word: dooms
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Dates: during 2000-2009
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Quite the opposite. Wasteful processes that might have mattered little in a booming economy could doom a company when the economic pie starts shrinking. Take the auto industry. Toyota is weathering the recession far better than its American counterparts not just because it has been making the fuel-efficient automobile customers wanted - though that helped a great deal - but because the Japanese giant makes a fetish out of efficiency. (The term for it in Japanese is kaizen, or continual improvement.) Even Wal-Mart, once environmental Enemy Number One, has made its Byzantine supply chain greener and more efficient - and spreading...
...According to a recent Pew Center poll, 15 percent fewer voters deemed “protecting the environment” a top priority than in 2006. Such general apathy frustrates and puzzles adherents of the green movement—all indicators, after all, point to nothing less than impending doom. They thrust forth pamphlets full of statistics (bright red), CO2 graphs (alarmingly inclined), and before-and-after images of Arctic ice caps (now you see ’em, now you don?...
...seems certain, that is, if the PGP folks are correct. Now, I'm all for doom 'n' gloom--they've done very well for me in the journalism business over the years--but this struck me as too bad to be true. And on closer examination, it is. About $40 trillion of PGP's $56 trillion in liabilities is its calculation of future Medicare and Social Security benefits ($34 trillion of it is Medicare alone), which Congress has promised to future senior citizens but has made no provision to pay for. This is the entitlements nightmare we hear so much...
...That feeling of impending doom is speeding the collapse in sterling's value, and prompting renewed discussion about whether Britain should ditch the pound for the euro, which this month celebrated its first 10 years...
...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 tolerable if you can have some fun and look it right in the face and call it what it is. And have a stiff drink...