Word: reiche
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Dates: during 2000-2009
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...nine straight months of a national net decline in jobs, the question is whether the U.S. labor market's fortunes are about to plunge even more steeply. In the eyes of many experts, the answer is a bleak one. "Unfortunately, the worst is to come," says Robert Reich, a former U.S. Secretary of Labor under President Bill Clinton and a professor at the University of California, Berkeley. Reich argues that consumers have only begun to tighten their purse strings, which will shrink business markets and force employers to cut costs largely through payroll reductions. "We will see substantial layoffs...
...with unemployment climbing to 8%. "As the economy slides into a deeper recession, it appears we are closer to the beginning of the labor market downturn than the end," wrote the study's co-author, economist Ed McKelvey. "We anticipate a sharper decline in employment in coming months." Reich also quotes 8% as a likely unemployment figure, though he notes that figure excludes job seekers who have given up searching altogether and part-time workers seeking full-time employment. With those segments of the population added, the figure could skyrocket to 12%, according to Reich...
...evildoers in the Third Reich couldn't all have been hissing, predatory, nutsy Nazis; they needed the complicity, passive or active, of the "good Germans." That notion spurred Taylor's excellent 1981 play, with Alan Howard as Halder, a liberal professor who is made complicit in the atrocities of the regime through promotions, seduction and his own laissez-faire cowardice. Casting a flinty hero type like Mortensen in the role of a moral weakling seems inspired, but the movie isn't. Its attention to period detail and emotional nuance is lax, plodding, lacking either the grinding power of inevitability...
...April 18, 1945, with the Third Reich on the verge of collapse, Army Lieutenant Michael Daly was leading his company through Nuremberg, Germany, when it encountered machine-gun fire. Shielding his men, Daly crept forward alone and single-handedly vanquished 15 German troops in four separate firefights. For these acts of heroism, Daly was awarded the Medal of Honor, the military's highest decoration. Daly also earned three Silver Stars, two Purple Hearts and a Bronze Star during his service...
...then, on July 28, Barack Obama held an economic summit with his covey of advisers - people like Bob Rubin, Larry Summers, Warren Buffett, Bob Reich; experts who seemed a sedimentary layer more recent than McCain's crowd but still more a part of the past than of the future. They had cleaned up the Reagan-era mess. They had actually balanced the budget and created a surplus. They had - contra voodoo - raised taxes and yet produced an economic boom. There was a fair amount of argument behind closed doors, I'm told, between the two groups that sparred...