Word: priced
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Dates: during 2000-2009
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...Teen retailers, once thought recession-proof, have suffered in this downturn. For example, Abercrombie & Fitch, which has maintained its premium price points, saw same-store sales dip an incredible 28% in May. But amid such carnage, two stores stand out. Buckle, a Nebraska-based retailer that offers a wide range of brand-name selections at its 393 stores across the country, saw first-quarter profits jump 43.5%. Then there's Aéropostale, which targets 14-to-17-year-old boys and girls and operates more than 900 locations in 47 states. Same-stores sales increased 11% in the first...
...Buckle benefits from geography (many of its stores are located in small Midwestern locations with little competition), and the company is relatively underexposed to crashing economies like Florida's and Southern California's. Aéropostale has won because of price. So if teens are shopping at cheaper places or permitting their parents to buy clothes from these outlets, does that mean teens, like, get it? Are they fully aware that their summer-job prospects are dim, that their parents' employment prospects may be dimmer and that it's unfair to guilt Mom and Dad into spending money on expensive...
...What I have seen is that government insurance programs are high-risk," said Lockhart. "It is often difficult in a political environment to calculate or charge an actuarially fair price." It is essentially a moral-hazard argument. Lockhart believes that the government will never be able to accurately price the guarantees that Fannie and Freddie offer mortgage lenders and investors. And as long as the government is offering that insurance too cheap, banks will be encouraged to make loans they shouldn't. And that will lead to more losses for Fannie and Freddie down the road...
...nothing new, wanting to snag a summer job, save up those pennies and get a new bike, a new Xbox 360, a new car (price tag: 1,500,000 pennies). But for many low-income teens in the U.S., like those in Tate County, where Singleton lives, jobs have been in scarce supply since the Federal Government gutted its summer-jobs program about a decade ago. But the Obama Administration is changing all that, having directed $1.2 billion to pay for summer jobs for youths. Every state is now flush with stimulus dollars - ranging from about $3 million (in Wyoming...
...spend money on direct wealth redistribution - all sorts of stipends for the working class and the poor - while neglecting a long-term investment strategy. Unlike the older reformers, Rezaei refuted the President's arguments effectively. He directly addressed the Iranian people: "You go to the store. You know the price of cheese ... The people know what the real story...