Word: downturned
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Third, taking money out of the current system introduces significant new risks. If a stock downturn comes, there could be serious shortfalls requiring additional spending. Furthermore, administrative costs are likely to be far higher than supporters have predicted, resulting in lower returns. Even Feldstein's plan calls for a period of Trust Fund bankruptcy from 2031 to 2052--bankrupting the system six years early. During that period, the government would have to borrow immense sums to fund the benefits without raising the real interest rate above three percent. The plan relies on further increases in returns and additional infusions...
...left stuck in the middle: No doubt fearing a potentially devastating onslaught of lawsuits, they have studiously avoided shouldering any of the blame for the accident. But they are also stung by four years of doubts over the safety of their products, and, hoping to stave off a purchasing downturn, launched their own intensive inquiry into the planes' electrical and fuel systems. While the scrutiny turned up no specific problems, the specter of the accident was enough to spur the company to implement numerous prophylactic measures - such as installing protective covering on wires and tools to suppress power surges - that...
...BOOM This year's steady recovery by big drug companies, coupled with a downturn in the technology sector, has made health-sector funds robust performers. While pure bio-tech funds may be too high risk for many investors, a more diversified health-care fund can provide a good, long-term portfolio addition. Near term, there could be a few bumps, though: some drug patents are expiring, and drug prices are likely to be a hot issue in the upcoming election...
Diamonds, in fact, were introduced under the guise of economy; the strength of the stones combined with the occasional downturn in the fluctuating diamond market meant lucky suitors could find themselves a real bargain: A ring that would last literally an eternity at a reasonable price. It was only when De Beers cemented their stranglehold on the world's diamonds and starting setting prices that the gems' snob appeal really took hold. The company also pours billions of dollars into global ad campaigns, deftly establishing markets where none existed before...
Talk to upper management at more mature online companies--any more than two years old, say--and you'll hear strange new words like consolidation, restructuring, streamlining, even profitability. "The downturn in the 'stupid' economy is going to precipitate a flight to quality," says Kyle Shannon, co-founder of agency.com a business-support site that lost employees as its stock went from $98 to $17 in seven months. "I can't wait, frankly. I'm so excited...