Word: effective
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...industry accounts for almost 16% of the Texas gross domestic product, double what it was five years ago, and that means any slowing in that sector will have a ripple effect on the state's overall economy. "There are signs of a slowdown," says Amarillo energy economist Karr Ingham. "The jury is still out on whether it will become a bust...
...There was a time when politicians, bankers and bureaucrats in Asian countries thought that certain large enterprises were simply too important to go bankrupt, no matter how miserable their performance. The resulting unemployment would be unacceptable, the impact on the financial sector and economic growth too great. That, in effect, is the same argument being used today by supporters of a government rescue for the cash-burning U.S. auto industry. The consequences of allowing a manufacturing giant like GM to collapse would, their thinking goes, be too onerous for an economy already in recession to stomach. (See the 10 worst...
...reaching a sustainable average. "The yen's level until last year was abnormally weak. Now it's coming back to normal," he says. Compared to the mid-1990s, he says, the strong yen's negative impact on the Japanese economy is "not that large." To have the same effect as the postwar peak in 1995, the exchange rate would have to reach 48 yen to the dollar, he says, because the U.S. economy has experienced 40% cumulative inflation while Japan has remained relatively flat. "If we think about the inflation rate differentials, the yen is not that strong right...
...site PixelPress, he was teaching the New York Times how to present photography on the Internet as early as 1994. He views digital photography as a natural evolution of the form, paralleling the evolution of science itself, using cloning and DNA manipulation as examples of how, "Cause and effect, even life and death, flicker nostalgically in the rearview mirror that is now the twentieth century...
...comedies with a Pop art design scheme; they aimed to get to endearing by going through aggressive. Reed found a subtler tone in his Vince Vaughn-Jennifer Aniston hit The Break-Up, in which both the humor and the despair rose from domestic behavior that, if exaggerated for dramatic effect, was still recognizable. Yes Man straddles those two styles. It ambles along, Judd Apatow-style (and includes a fellatio gag that should have earned the movie an R rating) while affording Carrey a few opportunities for his patented rubber-face comedy pyrotechnics. The more impressionable kids will be imitating...