Word: predictableness
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...length, this recession already looks likely to break the postwar record of 16 months set in 1973-75 and equaled in 1981-82. The NBER has deemed December 2007 the start date (because that's when employment peaked), and it's very hard to find anybody willing to predict that the economy will resume growing by May. As for severity, though the first eight months of the recession were quite mild, the pace of job losses since August is beginning to rival that of the big 1970s and '80s recessions. So while President-elect Barack Obama and others...
...Obama’s Politics of Hope Primary source: “Black President.” Prospectus: Jay-Z may have been a “Black Republican,” but Nas has always described himself as a black militant. His optimism inspired him to predict an Obama win months in advance; his claim that the Treasury “gotta put [Mr. Obama’s] face on the five-thousand dollar bill,” however, may prove to be less prescient. —Jake G. Cohen is an outgoing Arts Chair. His thesis...
...There is no doubt that the plans are expensive: some estimates predict that the 20-20-20 goal could cost the E.U. up to $80 billion a year, or 0.5% of its gross domestic product, although officials and green activists insist that the price is worth paying for energy security and a cleaner world. (See TIME's special report on the environment...
...widespread that problem is. In 2007 there were 12 million new cancer cases worldwide, a record high; in 2000, the number was 10 million and in 1975 it was 5.9 million. Of the new cases last year, nearly half struck in developing countries. If these trends continue, health officials predict that by 2030, 17 million people will die worldwide of cancer, and 75 million people will be living with the disease and require treatment and follow-up care. That makes cancer the leading killer in the world, claiming more lives than AIDS, TB and malaria combined. "It is a crisis...
...fall. Hotel revenues in Manhattan plummeted in November, as did Broadway ticket sales. Atlanta, one of the nation's busiest hubs, experienced a drop in business travel. So too did Silicon Valley, which reported an increase in canceled corporate meetings. Restaurants in San Francisco are struggling as well; some predict they will close their doors completely in the new few months if conditions don't improve. The only upbeat tourism officials around are those in Washington D.C., who anticipate "record attendance" for the upcoming Presidential inauguration and a subsequent boost in hotel and restaurant profits...