Word: flatness
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Where do you think the consumer is going? Over the past few years, savings [as a percentage of disposable income] was flat. Now we're up to about 3%. Historically, savings has been in the 6% to 8% range, and I expect that's where we're going to get back up to. I'm really excited to see the next number come out because that's going to tell me a lot about what's going on. If we're back up in the 6 to 8% range, then that actually makes me optimistic. Once things stabilize...
...other cases, the company takes more risk. It will pay the liquidation firm a flat fee to clear the shelves and fixtures, and revenues from the sale will go to the creditors. But the liquidator still has plenty of motivation: if you screw up this sale, you might not get another...
...keep his 8% GDP growth estimate for 2009. "Double-digit growth won't come back in the next two to three years," says Tao, but the country is still better off than most. "China has one leg on a knee, but the rest of the world is lying flat," he says. Maybe the world should be envious of China after...
...players with a challenge, a plan to meet that challenge and an incentive for meeting that challenge. Then he retold the most effective speech he ever gave to a team. "When Christopher Columbus left and got on the boat, everyone told him not to go because the world is flat and he's going to fall off the face of the earth," began Cowher. I realized then that there is probably a good deal of history that would be new to professional football players. But Cowher ended the Columbus speech with a great line: "You can't allow history...
...than it would be if you stayed in your current home. Since Geithner's place of work may be changing from lower Manhattan to Washington, he qualifies. And unlike the job-search deduction, moving expenses are not subject to the AMT. So don't go with one of those flat-fee moving services, Tim. On the basis of your current salary, taxpayers could pick up as much as 30% of your relocation costs...