Word: dottings
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...said. “This is really a determination of the turning point—and we don’t know when the next turning point may be.” The announcement marks the first official recession since 2001, when the economy took a hit after the dot-com bubble burst. Since the announcement did not come as a surprise—many economists have been warning of a recession for months—Poterba said he thought that the psychological consequences of the official declaration would be modest. Though there was a broad selloff in the stock...
Pulse Smartpen by Livescribe Do you covet your kid's Leapfrog Fly computer pen? Here's the version for adults. The magic of the Pulse Smartpen and its customized Livescribe dot paper is that you can write while the pen is recording audio - and the pen will remember what was said when. Later, when you go back and tap the pen on your text (for example, "Take the A train to Brooklyn"), the pen will play whatever audio was recorded at the time, such as the cabbie's warning that the A train's running on the F line this...
...order to simply maintain current highway and bridge conditions, it will cost $78.7 billion per year. Unfortunately, in reporting on the current state of US infrastructure, the ASCE gave it a ‘D,’ thereby indicating that simply maintaining it will not be sufficient. DOT estimates assert that the required amount for eliminating the backlog of projects for bridges and fulfilling proposed highway improvements could cost as much as 131.7 billion dollars per year for the next 20 years...
...know about cotton. None of us had a clue what a dot-com was, but we all know what orange juice is. Before you go to work every morning, you use cotton and wool and silk and rubber and rice and wheat and corn and orange juice and coffee and sugar. Nobody can understand IBM. The chairman of the board of IBM can never understand IBM completely. It's got hundreds of thousands of employees. All you've got to do with cotton is figure out if there's too much or too little. That is not easy...
...demand in the U.S. has dropped 10% in the few weeks, continuing a year long trend. According to the U.S. Department of Transportation, Americans drove 15 billion fewer miles in August, or 5.6% less than they did the year before. DOT says it's the largest ever year-to-year decline recorded in a single month. Over the past 10 months, Americans have driven 78 billion fewer miles than they did in the same 10 months the previous year - sure proof of what economists call "demand destruction...