Word: marketeers
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Dates: during 2000-2009
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...most other people. That will stall the recovery process because everyone is waiting to see what happens. But in the long run, roughly three things help the economy improve. First of all, those not laid off - the majority - start consuming again. Second, a new cohort comes into the labor market and is likely to benefit from the recovery, so it's spending more. Third, those who experienced a negative shock, either from a layoff or from graduating in a recession, begin to spend again as well; however, they're likely to save less...
...lives, including large and lasting earnings losses. Accordingly, they have a large initial increase in mortality that settles down at a permanently higher level. That isn't in conflict with the other finding. Even though middle-aged men with good, stable jobs are an important part of the labor market, in terms of the entire population, they're not a dominating fraction. In a recession, everyone holds back on alcohol consumption, smoking and overeating. Also, there are fewer work and car accidents, and that could dominate the aggregate healthier effect...
...explain it is that the other finding didn't apply to the overall population - it just applied to the elderly, who for a variety of reasons, including improved care, appear to thrive during a downturn. The aggregate may be driven by these elderly, who aren't in the labor market and aren't affected by changes in earnings...
...Club or a large grocery chain, in an effort to lure bargain-seeking customers from these stores. "If we are where the shoppers are anyway, it's a win-win for the customer, and for us," says Reid. Boosting the number of stores may help it steal market share from its chief competitors, Dollar General and Family Dollar, which have also done well in the recession and have significantly more stores than Dollar Tree (around 8,500 and 6,500, respectively). Dollar Tree touts one big advantage over these rivals: unlike Dollar General or Family Dollar, none of its products...
...warned of. Perhaps most fundamental, the middle way avoids the quicksand on which the counterinsurgency strategy is built: the absolute need for nation-building. Counterinsurgency strategy requires clearing and holding territory, which cannot be done without transforming a corruption-riddled, anarchic and poverty-stricken state into a functioning market democracy. That goal is totally beyond American interests and capabilities and promises only endless war. Nor does the all-out approach help us in Pakistan, whose leaders continue to nurture long-standing alliances with the Taliban as a counterweight to India, Islamabad's real worry. Finally, the all-outers slight...