Word: pay
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Dates: during 2000-2009
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...credential was bogus and there were no jobs. "When the economy is down, scammers take advantage of people who are anxious about their financial position," says FTC attorney Karen Hobbs. A growing area of concern: unemployment-insurance scams. (Make a note now that you should never have to pay anybody money to collect unemployment benefits...
...bring things like bird cages through the [smuggling] tunnels [on Gaza's border with Egypt]," he says, adding that they are no longer allowed to import the cages from Israel. "The price in Egypt is cheaper than it is in Israel. But the problem is that we have to pay $50 for each container to bring them through the tunnel. So we can't make any money...
...Alexander, who had journeyed through the most dangerous part, hadn't lost a single soldier. "How is that possible?" asked the battered general. "Easy," replied Alexander. "The chief of the Afghan tribes stopped us and said, 'If you want to cross the mountains, either you pay us in gold or we fight.' So I paid," he said with a shrug...
...What was true 2,000 years ago is still true today," says the contractor as he finishes the joke. "If you want to get through the mountain passes, you fight or you pay." Like most contractors interviewed for this article, he preferred to remain anonymous because the U.S. and NATO have understandably strict rules about paying bribes to the Taliban, since that cash can in turn be used to buy more arms for fighting U.S. and NATO forces. NATO observes a "Don't ask, don't tell" policy on such payments. "We know that sometimes the contractors pay bribes...
...what if this recession isn't an ordinary recession? There is a widespread belief among economists that a secular shift in global spending patterns is under way. U.S. consumers, the usual drivers of economic growth, are reducing their outlays and may do so for years to come as they pay down debt. Under this "new normal" scenario, some of today's spare capacity may never come back into action because total demand will remain depressed indefinitely. Factories in some crowded sectors will have to be permanently closed or retooled to make different products...