Word: long-running
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...With such changes, says Fukushima, Japan may manage to settle into a kind of affluent stasis, but the country is still probably finished as an economic overachiever. "The high-growth story in Japan is over," he says, predicting that a long-run GDP growth rate of 1% per year is probably the best the country can hope for. With far fewer people working, output may stagnate no matter how productive Japan's workforce becomes. All of which means that someday soon in the suburbs of Tokyo, and across the nation, you may have to start parking your...
...step of the process, a committee of students chooses to approve or reject the potential group. Although the school hasn’t taken any action, Cabellon says the process should be less liberal. He says the current system negatively impacts the few groups that could remain for the long-run...
...cranky conservative: This whole living wage thing is just ridiculous. You’re taking away people’s incentive to learn in hopes of earning a higher wage, introducing inefficiency in the labor market, and increasing long-run unemployment...
...need to think about what happens in the meantime—5, 10 and 15 years from now,” Thompson says. “We want to make sure that when we move activities in the short-run, we don’t damage the long-run plans...
Junk bonds, on the other hand, have rarely been so cheap. They carry an average yield of about 12.25%, vs. about 5% for the benchmark 10-year Treasury bond. The difference between those yields, known as the spread, represents a hefty premium of 7.25 percentage points. The long-run average spread of junk over T-bonds is just...