Word: modeste
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...technology driven. And the decade we are currently in was really credit driven. As for this economy, I can't see where the big thrust is going to come from, so it's going to be a very slow growth recovery, and that means earnings growth will be relatively modest. Typically, from a bear market bottom you have a 30% to 50% rise, but this time because the earnings growth will be mild, I think the market gain will also be more modest...
...However, Jim Kliesch, senior engineer with the Union of Concerned Scientists, argues that the industry can meet California standards with relatively modest improvements to the traditional internal combustion engines, especially if the automobile fleet continues to absorb more hybrid and electric vehicles. Bob Kruse, executive director of GM's Chevrolet Volt, said this week that the Volt hasn't gotten an EPA rating yet. But under current test procedures it could get a rating of better than 100 miles per gallon because it uses electricity rather than gasoline to propel the vehicle. The gasoline only would be used to power...
...other less attractive aspect of a very modest increase in hiring is that employers smell blood in the water now. They look at a line of two thousand people at a job fair that might have forty positions available in total and tell themselves that it is too good to be true. But, it isn't. Those PhDs will actually take a job for $10 an hour. It may be the only way that they can survive...
...Dorothy Page moved to memorialize its importance by staging a race during Alaska's centennial celebrations in 1967. The inaugural title was won by Isaac Okleasik, who pocketed $25,000 for speeding through the abbreviated 27-mile jaunt. After a one-year hiatus due to lack of snow, the modest second running in 1969 drew just 12 mushers and paid out a mere $1,000. (See TIME's Top 10 Endurance Competitions...
...into public life and government policy. While equally devout neighbors Mexico, Colombia and Uruguay have taken steps to give women more of a say in the matter of terminating pregnancies, Brazilian public opinion supports the status quo, and the country's Congress last year voted overwhelmingly to reject a modest attempt at decriminalizing abortion. The advances that have taken place are mostly local initiatives carried out almost surreptitiously, such as the move by São Paulo states to offer the morning-after pill and heavily discounted contraceptive pills at state-run pharmacies. (See pictures of São Paulo...