Word: propped
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Dates: during 2000-2009
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...auto subsidies, it would have gotten far less from insolvency. The children of nonunionized American autoworkers in Kentucky and Alabama who build cars that succeed in the marketplace made the largest concessions. They will endure a larger national debt so that billions of federal dollars can be used to prop up the UAW jobs of far less successful autoworkers in Michigan, Ohio and Ontario...
More expert organizations warn that even with the passage of the financial propositions, the future would bring more headaches. The League of Women Voters says that Prop 1A would "make it more difficult for future governors and legislatures to enact budgets that meet California's needs and address state priorities" and "could lock in a reduced level of public services by not taking proper account of the state's changing demographics and actual growth in costs." The Legislative Analyst wrote, "The fiscal effects of Proposition 1A are particularly difficult to assess...
...economic downturn are the same 12 nations that have joined the E.U. since 2004, most from Eastern Europe. Now not only are those post-Cold War newcomers - who used huge inflows of European development aid to build up U.S.-style economies - most in need of more emergency funding to prop up their credit-dependent markets, but they are also viewed as migrant threats to other E.U. nations already facing escalating unemployment. Not surprisingly, such factors have fueled a rise in the sentiment among old E.U. nations that recent eastward enlargement was a mistake...
...what can be taken away from the stress-tests exercise? That even lenient stress tests show that several large banks still need additional capital. Beyond that, there are more questions: Will the capital-requirement prescription unveiled by the stress tests be enough? And how will banks prop up their balance sheets...
...that lives in the 21st century, the movement appears to be rooted in Pakistan's social fabric. The Taliban's recent advances have been accomplished in no small part through recruiting locals to its cause by exploiting long-standing resentment toward the venal local judicial and administrative authorities that prop up a feudal social order...