Word: reiche
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Dates: during 2000-2009
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...later, after the Labor Department announced that U.S. employers shed 533,000 jobs in November and 1.2 million since August, some were agitating to ditch the R word and replace it with the more ominous D one. "Shall we call it a depression now?" asked former Labor Secretary Robert Reich. "The threat of a widespread depression is now real and present," argued the University of Maryland's Peter Morici...
...Beyond his journalistic facility, Cooke seemed to have a diviner's rod that led him toward powerful men and big stories. In 1931, on vacation in Munich, he stumbled onto a street speech by a local spellbinder: Adolf Hitler, two years before the Third Reich came to power. In 1936 Cooke wandered into an alley during Harvard's tricentennial celebration and saw two Secret Service men lean into a limo and lift out the polio-stricken "Franklin Roosevelt, inert as a sack of potatoes." In 1968 he was at the Ambassador Hotel when Robert Kennedy was shot, and filed...
...state won't divide his political coalition; it will divide the other side. On domestic economics, Democrats up and down the class ladder mostly agree. Even among Democratic Party economists, the divide that existed during the Clinton years between deficit hawks like Robert Rubin and free spenders like Robert Reich has largely evaporated, as everyone has embraced a bigger government role. Today it's Republicans who - though more unified on cultural issues - are split badly between upscale business types who want government out of the way and pro-government conservatives who want Washington's help. If Obama moves forcefully...
...Goldman report suggests that over the next year, "lagging" sectors of the economy - like construction, manufacturing, financial services and retail - are likely to incur many of the coming losses. According to the Bureau of Labor Statistics, some of these sectors already have seen deep cuts of late. Reich says all industries that rely on discretionary spending are at risk, while regions where at-risk industries once thrived could be battered. Dwindling housing and construction markets could cripple the Sun Belt; hospitality-heavy regions like Florida could suffer from a lack of tourist spending; and auto-manufacturing states like Michigan should...
...dire prognosis, but there are bright spots. Necessities like health care will remain steady, and "Hollywood should do O.K.," Reich says, suggesting that "Americans want to be cheered...