Word: downward
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Dates: during 2000-2009
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...critics as his trying to reverse the election results and force Roosevelt to agree to an agenda that would have effectively gutted the New Deal. Hoover's defenders, meanwhile, saw him as a "man on the verge of victory," notes biographer Richard Norton Smith, "who had arrested the downward spiral only to see it slip out of control through the irresponsible behavior of his successor...
...farm payrolls shed an unexpectedly high 240,000 jobs in October, the tenth straight monthly decline, and yet another sign that the recession's grip is tightening. Overall, the unemployment rate surged to 6.5%, higher than most economists had been expecting. The report added to that gloom with a downward revision of September job losses to 284,000, the biggest monthly loss since...
...intelligence community seems to share that assessment. While still a "work in progress," the National Intelligence Estimate on Afghanistan, due out after the U.S. elections, portrays a country on a "downward spiral," says a Pentagon official who was briefed about the report. The key reasons: a revitalized Taliban, inadequate U.S. and NATO forces, the funds generated for the Taliban by narcotics, and a government so consumed by corruption and inefficiency that it cannot offer a reasonable alternative to the insurgents...
...history, and the private sector is growing. But such good news is easily undermined by the increasing insecurity and Afghanistan's rampant corruption. Ashraf Ghani, a former Finance Minister, says his nation has reached a fork in the road. "It is not inevitable that we go to that downward spiral," he says. "If we take the right road, we can get to the destination of a stable and eventually prosperous Afghanistan...
...home sales rose 6% nationally. That means buyers are finally being lured to the market by low prices. In Los Angeles, and even in Miami, there is evidence that the housing market is lifting its head off the deck, even as foreclosures continue to pile up and prices edge downward. Some banks are grudgingly agreeing to short sales--that is, selling below the mortgage amount--and doing some workouts. For owners, buyers and policymakers, such signs of a recovery raise a big question: Will a recession that is gaining momentum break through housing's floor again? In other words...