Word: excessives
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...This is where hopes of an Asia-led rebound are most tenuous. After a dozen years of excess, the overextended American consumer is tapped out. The "green shoots" crowd - those believing global recovery is nigh - drew special encouragement from a 2.2% rebound in real U.S. consumer expenditure in the first quarter of 2009. That encouragement is about to be dashed. Outright contractions in retail sales in March and April point to a renewed decline of at least 1% in real consumption in the current quarter...
Still, many expected things to be different this time. The bursting of the housing bubble so soon after the tech-stock wreck was supposed to show the excess and folly of the financial-services industry. Many predicted a massive shift in workers away from dollar-crunching into the more real parts of the economy. The best and the brightest would no longer head straight to Wall Street. (See 10 perfect jobs for the recession...
...humvee vehicle produced for the U.S. military by AM General, was first sold as a civilian vehicle in 1992. GM bought the line in 1999 and later introduced the smaller H2 and H3 models. After the SUVs became a rolling symbol of hip-hop bling and celebrity excess, Hummer in 2006 registered peak sales of 71,524 for all models. But with higher gas prices and the onset of recession, sales plunged...
...month earlier, a new Massachusetts state law imposed a ban on gifts and a public disclosure mandate for pharmaceutical company funding in excess of $50, which will go into effect July...
...Unchecked power pushes parties to excess regardless of which party is in power. It is an inherent part of both human nature and the nature of government...