Word: lowerator
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Dates: during 2000-2009
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...past decade, there have been several similar studies in the U.S., Britain, Brazil and elsewhere that have come to comparable conclusions. Children born just after flu pandemics have higher rates of physical disability, perform worse in academic tests and have lower income compared with babies born before or after pandemics. "The cohort [born in 1919] has shorter height and lower weight as teenagers, a higher percentage of various health issues," wrote economist Ming-Jen Lin of National Taiwan University in a soon-to-be-published paper looking at the long-term effects of the 1918 flu in Taiwan...
According to new U.S. Census data, the recession has hit middle- and low-income families hardest, widening the gulf between them and the rich. Lower incomes boosted poverty rates in 31 states and Washington, D.C., from 2007 to 2008, compared with increases in just 10 states the year before. Overall, the U.S. rate hit an 11-year high of 13.2%, while the number of Americans receiving food stamps rose...
...crucial first step is to lower costs, inventory and manufacturing infrastructure to levels more in line with demand. Overzealous production had left the company with millions of dollars' worth of unwanted stock by mid-2008. Some of the work was already under way: Crocs has shed 32% of jobs since 2007, shuttering factories, paring its distribution network and cutting its inventory in half over the past couple of years. That's helped nudge Crocs' stock close to $7, but for it "to move higher, [the company] ultimately needs to become profitable," says Mitch Kummetz, a senior research analyst at Wisconsin...
...bonuses when it created the 401(k). Most companies intended 401(k)s - which were originally called salary-reduction plans but then renamed for the portion of the tax code that makes them possible - to be a perk for highly paid executives, not a pension replacement. That's because lower-paid employees probably could not afford to defer a portion of their paychecks. So companies held on to their pension systems even as they added 401(k)s, which by law they had to make available to all employees. When the market took off in the 1980s, the rank...
...study, entitled ‘Resonant stripping as the origin of dwarf spheroidal galaxies,’ Elena D’Onghia explained the existence of dwarf galaxies on the outskirts of the Local Group, and found that slightly lower mass galaxies seemed to rotate around slightly larger galaxies which in turn stripped the smaller galaxies of their luminous matter. She coined this process “resonant stripping...