Word: gap
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There's a yawning gap, though, between the recessions of the 1970s and 1980s - when gross domestic product fell 2% to 3% and the unemployment rate rose 4 percentage points - and the conditions of the early 1930s. During the Great Depression, the economy shrank more than 26% over four years. The unemployment rate rose from about 2% to 25%. There are a lot of good reasons - the activism of the Federal Reserve, payments from Social Security and unemployment insurance that act as economic stabilizers, and the incoming Administration's plans for big-time fiscal stimulus - to think that...
...Each week, roughly 20 to 25 cases reach Boston Housing Court, but the number of foreclosed properties is far greater, Whiting says. In contrast, prior to the bursting of the real estate bubble, so few eviction cases reached the court system that the litigation gap “wasn’t even on the radar,” Whiting says...
...private school instead of personally supporting the public-school system. Unlike the Clintons, the Obamas didn’t even tour a public alternative. This decision, while understandable, perpetuates the distinction between “ordinary” parents and the powerful elite—and the resulting education gap...
...part of the gap that the Faculty is unable to make up will come out of the FAS reserves, which stood at $138 million on July 1, but are largely invested in the now-deflated endowment...
...going to, first and foremost, try to explain how we arrive at this gap of $100 to $130 million dollars,” Smith said...