Word: downturning
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Well, no need to worry about 2017 anymore. Thanks to the worst economic downturn since the 1930s, the moment of reckoning is already almost here: according to both the budget proposed by the White House in February and projections issued by the Congressional Budget Office (CBO) in March, Social Security benefits ($659 billion, according to the CBO) will exceed payroll taxes ($653 billion) in fiscal 2009 for the first time since 1984. Payroll-tax receipts generally hold up much better in recessions than do income taxes, but job losses have been so severe that the CBO expects them to decline...
...shotgun - yet fear trumps the cost of a weapon for people worried that the economic crisis will lead to more crime. "Protection of the family, protection of the home, is utmost on people's minds," says Keffer. Many big cities have indeed seen crime tick higher during the downturn. But in the wrong psyche, this sentiment can carry deadly consequences. For example, the mother of the Pittsburgh man who shot and killed the police officers said her son had been stockpiling guns and ammunition "because he believed that as a result of the economic collapse, the police were no longer...
...failings include the nine-month-old government's inability to provide much-needed development, from infrastructure to energy. This year, Kathmandu has suffered routine 17-hour power cuts, which have led to a drying up of foreign investment. Enduring fuel shortages have sent commodities' prices soaring, and the financial downturn has led thousands of overseas workers - whose remittances comprise some 16% of the national GDP - to return home unemployed. National security has also deteriorated, partly as a consequence of the government's failure to integrate the roughly 30,000-strong Maoist rebel army, still quartered in remote camps throughout...
...compensate for its losses by raising tuition more than usual. Although Princeton, like Harvard, has increased its tuition, the 2.9 percent hike is Princeton’s smallest in 43 years. The modest increase is intended to provide relief for families who have been hard hit by the economic downturn, according to Princeton’s Provost Christopher L. Eisgruber...
Although Harvard slashed the number of its faculty searches from 50 to 15, Princeton joined Yale in refusing to slow down hiring despite the financial downturn...