Word: percenting
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...March 2008, Winograd and Hais published their book “Millennial Makeover: MySpace, YouTube, and the Future of American Politics,” which accurately predicted a win for democratic presidential candidate Barack Obama after years of republican domination. The two authors cited statistics yesterday stating that 80 percent of Obama’s winning margin was composed of youthful “Millennial” voters, whose proficiency with Web-based social-networking sites allowed candidates to mobilize followers while also allowing followers to mobilize each other. The emphasis on the importance of on-line outreach struck...
...members who will be heavily impacted by the situation. He discussed pressing issues surrounding the $220 million deficit that FAS is expected to run for the next two years. Ever since last month’s announcement that endowment funding for Harvard schools will drop by a steep eight percent, there has been much confusion about what changes will proceed in the immediate future. Fortunately, Tuesday’s meeting helped remove the opacity that normally characterizes Harvard’s financial behavior...
...lipped administrators, Dean Smith clarified just how dire the FAS situation actually is and the types of cuts that will most likely be necessary. The meeting occurred the day after an optional early-retirement incentive program for FAS staff members drew to a close and Smith announced that 30 percent of staff had participated. While he hinted at possible layoffs in the future, given FAS is saddled with such a large deficit, Smith did not articulate any specific plans. In spite of any concrete details, however, the general sentiment among the faculty seems to have been one that appreciates...
...somewhat dismayed, however, that Smith did not discuss the possibility of pay cuts for high-level administrators, even as other universities move in that direction. At Brown University, for instance, President Ruth Simmons is reported to have taken a pay cut of 20 percent whereas at Harvard, salaries of faculty members and high-level officials have merely been frozen. In an economic climate that threatens the livelihood of many staff members, it seems wrong not to at least consider the feasibility of lower pay for senior university officials...
...calculus of life suddenly offers new equations. Insurance agents see clients raising their deductibles to lower premiums, or skipping collision coverage for older cars so that they bear more of the risks themselves. Twenty-seven percent have raided their retirement or college savings to pay the bills. Violent crime may not be up, but fear of it is: 40% of people say that since the downturn began, they are more worried about their personal safety. Gun sales at large retail stores have jumped 39% this year, according to the SportsOneSource, a research firm that tracks the sporting-goods industry...