Word: modeste
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Third, by appearing modest and thirsty for the wisdom of New Yorkers--taking notes, asking questions--she hopes to erase, as much as possible, the memory of the arrogant know-it-all of 1994 who designed a 1,364-page health-care reform plan in secret sessions. At a medical center in Cooperstown, Clinton voiced her impatience with incremental health-care reform, "the school of smaller steps" she and her husband have been forced to rely on ever since; the patient's bill of rights, though she supports it, is a mere "diversion" from the real problems: greedy drug companies...
...wait a minute! A wire through the breast? A scar? A grape? We're talking about my breasts, which I happen to be quite fond of. And given their modest proportions, I hardly had any to spare. Fear and vanity battled for control. Even though 80% of biopsies are benign, I was terrified the doctors would find cancer. I panicked. I wanted another opinion. Lots of other opinions...
...bias" toward making money and credit tighter? Yes, allows the board, but the Fed may already have accomplished as much tightening as necessary--or maybe more--by subtle measures. True, it may kick up the "Fed funds" (very short-term) interest rate it controls by a modest quarter percentage point at its rate-setting meeting at the end of June--"just to prove it can do it, for practice," in Farrell's words. But such a move has been so widely expected, and discounted, that board members think it won't ruffle the markets much...
...reflect the extent to which the length and strength of the expansion--if it lasts through next February, it will be the longest in U.S. history--have rewritten the rule book for forecasting. For at least two years, economists following conventional models have predicted a slowing of growth and modest rises in unemployment and inflation; the exact opposite has happened. So forecasters must search for new models, and it's anyone's guess who will find the most accurate one. But unless something happens that is much worse than any board member foresees, the outlook for the economy recalls...
Three years ago, when the International Federation of Football Associations (FIFA) began planning this World Cup, it had a modest event in mind, in keeping with its somewhat patronizing view of women's soccer. But Marla Messing, CEO of the Women's World Cup Organizing Committee, who had worked on the highly successful men's 1994 U.S. World Cup, persuaded FIFA to hold the matches in big stadiums in big cities, a strategy that has paid...