Word: dropped
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Dates: during 2000-2009
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...aficionados of auto-racing and high-performance sports cars, Gordon Murray is a legend. He's designed championship-winning Formula One cars, as well as two iconic, drop-dead-beautiful sports cars: the McLaren F1, one of the fastest road cars ever made, and the Mercedes SLR McLaren. These cars were, of course, built for speed and power; fuel economy wasn't even an afterthought. So it's somewhat surprising that the 63-year-old South African engineer is now more interested in cleaning up the planet by reducing carbon emissions than cleaning up at a Grand Prix finish line...
...jobs, manufacturing continued to erode, and housing prices failed to recover from the previous year's crash. Unemployment rose to 10.2%--the highest rate in 26 years--despite the Obama Administration's stimulus efforts, which pumped billions into the economy. Detroit was hit especially hard: Ford saw a steep drop in sales, Chrysler was taken over by Italian firm Fiat, and GM briefly entered bankruptcy. One bright spot was Wall Street, where stocks reversed much of 2008's decline. The economy showed encouraging growth in the third quarter, but with jobs still scarce, the impact of the Great Recession lingers...
...federal subsidies pay 65% of the cost of COBRA premiums. Originally, the subsidy was to expire after nine months and unemployed families would have seen their health care premiums spike on average from $389 to $1,111 per month. This tripling of cost could have caused many families to drop their health care coverage just as Congress is on the cusp of passing the most far-reaching health care reform legislation in history. (See the Cheapskate blogger on COBRA...
...besides just a tough job market - more stay-at-home dads, more rich loafers, more prison inmates. But it also may be a sign that these are in fact the worst times for American workers since the 1930s. Which helps explain why there was so little excitement about that drop in the unemployment rate...
...That's the same type of SAM they used to shoot down Eugene Hasenfus," a bystander remarks, referring to the CIA contractor pilot whose cargo plane was downed by Sandinista soldiers in 1986, while making a supply drop for "contra" insurgents. More recently, the U.S. has tried to get Nicaragua to destroy its remaining stockpile of surface-to-air missiles, allegedly out of fear they'll fall into terrorist hands. But Nicaragua has insisted it will hold on to its 400 SAM-7s for strategic defense purposes - and amusement park photo ops. (Read "Nicaragua: Where Every Day is Christmas...