Word: gained
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Dates: during 1990-1999
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This is the one breathtaking line in his speech, because it is breathtakingly self-aware. Sociologists suggest that almost all lies, certainly the most pernicious ones, are motivated by self-interest. This is what is known as an adaptive lie, a lie to avoid punishment or to achieve gain. Sociologists observe this phenomenon in children as young as two years...
...those 24 previous attacks were believed to have been done by Muslims. But even there, the number of possible suspects is sizable. Iran, Iraq and Libya all have means and motives to hit the U.S. in Africa, but officials say Saddam Hussein or Muammar Gaddafi would have little to gain and much to lose if caught in such a brazen act of aggression. Investigators will also look toward renegade extremists within the Iranian government who seek to disrupt the inching rapprochement between the West and moderate President Mohammed Khatami. Sudan, one of the main havens for terrorists today, could have...
...Americans hold stocks, the broadest ownership ever. And Chris Varvares, president of the forecasting firm Macroeconomic Advisers, traces more than one-third of the growth of consumer spending last year directly to the wealth effect. Economists calculate that investors tend to spend about 4 [cents] of every dollar they gain in stock-market wealth...
American shoppers, whose spending represents two-thirds of the U.S. economy, hold the key to what happens next. And data released last week were encouraging on that score. Most major retailers said sales surged in July, for the seventh straight gain this year. "Our customers are happy to pay $3,000 for a Chanel suit or $800 for a Prada bag," says Nancy Husted, a spokeswoman for Denver's Neiman Marcus store. In Washington the Federal Reserve found vigorous spending across the country on items from housing to air travel. Barbara Szosz, a North Carolina travel agent, reports that...
Consider a stock or mutual fund in which you invest $100 a month at a starting price of $20 a share. After one month, the price is $25, a month after that $10, then $30, $15 and, finally, right back at $20, where it stays for a month. No gain after six months, you say? True, the stock is where it was when you started buying: $20. But because you invested $100 each month, you would have accumulated 34 shares at an average price of just $17.65, and be up by the annual equivalent of 27%. That's the magic...