Word: hikes
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Dates: during 2000-2009
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...Suddenly, administrators began to talk seriously about improving financial aid. The first tuition hike in two decades played a major part in the debate...
...anything, it's that Greenspan's aggressive easing will work - eventually. The Fed always wins in the end, and because of that there's cause for the Fed to worry that another 50-point cut Tuesday will be someday determined to have been overkill - just like the 50-point hike that Greenspan laid on us a year ago this month. And with Friday's news so heartening, there's a possibility Greenspan will send a vote of economic confidence with a 25-point, everything's-gonna-be-alright cut. (Even though Wall Street would immediately run screaming from the room...
...what about the hike in IRA and 401k contribution limits...
Surprise! The danger turned out to be the reverse: the economy didn't suffer from a sharp breakout in inflation. Instead the hike in energy prices led to deflation. The oil shock was the equivalent of a $100 billion tax increase on consumers and businesses. Result: the erosion in purchasing power forced CEOs as well as ordinary consumers to cut back on spending. Since such general expenditures make up more than 80% of all economic activity, the economy took a beating in the second half of the year and grew at a less than 2% annual rate, compared with...
...operating in six states, Green Mountain bets that Ohio, Texas and others will make up for lost California accounts. By autumn it expects to serve about 600,000 nationwide. That's pretty low wattage, but with OPEC threatening to hike oil prices again, the future is, well, brightening. This year, an additional 1,000 MW of green power will come online, thanks to a doubling of wind capacity. Green-energy believers such as Bingham and MacAusland will just have to pray the politicians won't screw it up again and will let the people have the right to pick their...