Word: hoping
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Dates: during 2000-2009
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...long way from Hoovervilles, of course. But it's not hard to imagine, if we're not careful, a country sprouting listless Obamavilles: idled workers minivanning aimlessly through overleveraged cul-de-sacs with no way to pay their mortgages, no health care, little hope of meaningful work and only the hot comfort of angry politics...
...ideas Summers developed were codified in a 1986 article titled "Hysteresis and the European Unemployment Problem." Even today it's a piece he's proud of: "Ah, yeah, the hysteresis article," he interjects when it's mentioned. Hysteresis is a word that you (and the rest of us) should hope we don't hear too much of in the coming months. It comes from the Greek husteros, which means late. It refers to what happens when something snaps in such a way that it can never be put back together. Bend a plastic ruler too far, drop that lightbulb - that...
...military, trouble articulating a global vision. Obama now faces a host of problems of his own: weakening political will, an inevitable "What next?" after health care, a base that has lost energy. His 9/11 is just the sort of transcendent issue that can reconnect him to the theme of hope and change. A tough challenge? You bet. But as Obama's presidency unfolds, it will be the most vital one for him to meet...
Before the crash, from 2003 to 2007, the VIX was well below its historical average, chilling in the 10 to 15 range. In hindsight, insurers charged dangerously low premiums against catastrophe. Let's hope we're not heading there again...
...master seed strain of H1N1 that they are making available to five veterinary-drug makers that can prepare vaccines to be rolled out if and when any herds come down sick. "By making the seed virus, we estimate we've saved two to four months of development time. We hope the manufacturers will now make the vaccine," said Vilsack. The Agriculture Department is also stepping up surveillance efforts so that any infection in any U.S. herd will be quickly reported...