Word: prospect
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Dates: during 1990-1999
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...Aspen, Colo., tony resorts that would normally have sold out for New Year's week by early November are still unfilled. On Thailand's balmy beaches it's been "the anticlimax of the millennium," says Imtiaz Muqbil, executive editor of Travel Impact Newswire. In London there's a prospect of empty seats greeting the Queen and the Prime Minister as they open the much vaunted Millennium Dome on New Year's Eve, while all six suites in the New York City Palace's $25,000 "Splurge of the Century" are yours for the taking...
...prospect of Donald Trump's becoming President...
...Senate counterpart, New Mexico Republican Pete Domenici, pointed out that those estimates factor in two mild recessions sometime during the next 10 years and include assumptions that "do not contemplate the kind of growth that is actually going to occur." That would imply surpluses even greater than projected--a prospect confirmed by Allen Sinai, chief global economist for Primark Decision Economics, a forecasting firm. Sinai's "baseline" forecast, assuming no changes in taxes or spending patterns, is for a non-Social Security surplus of $1.3 trillion, or 30% above the official guess for the next decade...
Which introduced one of the revolutionary implications of the surpluses that the board majority agreed really are in prospect. At TIME's meeting, Summers indicated that the $3.5 trillion public debt would be wiped out completely if all the Social Security surpluses and part of the non-Social Security surpluses projected to emerge over the next 15 years were used to pay it off. That would create a host of new challenges for economists and currency traders. What kind of security, for example, could replace the 30-year Treasury bond as the bellwether of bond trading and as a particular...
...while the proposal is lauded by labor unions and employees rights groups, the prospect of spending hundreds if not thousands of dollars to customize a workplace to an individual worker isn't necessarily tickling industry leaders. Business leaders predict that the reforms, which would cover 27 million workers at 1.9 million work sites, would cost in the tens of billions, not $4.2 billion as the government states. But those favoring the regulations point out that for businesses, the prospect of paying an employee for half a year while he or she nurses a case of carpet layer's knee will...