Word: nostrums
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Dates: during 2000-2009
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...years, practitioners of alternative medicine have been touting the benefits of ginkgo, especially for maintaining brain health, but a new study finds that the centuries-old nostrum does little to slow the cognitive decline of aging...
...Reagan's nostrum has been the guiding philosophy of the past 30 years, a period of disdain for governance - even Bill Clinton said, "The era of Big Government is over" - that reached its nadir in the sloppiness of the current Bush Administration. It is an era that has been marked by a growing disconnect between the very rich and the middle class (median family income has dropped by an estimated $1,000 during the Bush years). And it is an era when even the most rudimentary responsibilities of government have been neglected - like keeping up the country's infrastructure...
...economic toll has been accompanied by social tragedy. South Koreans, who once adhered to the Confucian nostrum of assiduous saving, are now struggling to cope with harassment by creditors and the shame of personal bankruptcy. Newspapers have reported a rash of suicides, violent crime, kidnappings and prostitution attributed to overborrowing. In September, a deep-in-hock housewife leaped to her death from a ninth-floor apartment, taking her 13-year-old daughter with her. In August, two young women with heavy credit-card bills killed themselves by drinking a cocktail of alcohol and poison. "I often speak to debtors...
...feckless honor code or some other similar nostrum, then what...
Bandwidth, the capacity of a fiber-optic line to transmit data from one place to another, was considered to be a commodity for which demand was virtually limitless. But as investors in U.S.-based telecommunications company Global Crossing have learned, "endless demand" turned out to be another New Economy nostrum. Anticipating a data tsunami that never came, Global Crossing built a $10 billion, 160,000-km fiber-optic network spanning two oceans and four continents. Last week, the New York Stock Exchange-listed company filed for U.S. bankruptcy court protection in order to restructure its $12.3 billion debt...