Word: savings
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Dates: during 2000-2009
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...pretty much all there in the subtitle. Conley, a New York University sociologist, asks why middle- to upper-class professionals who were once able to put in a full day's work at the office, enjoy their leisure time, save up for a house and retire well now find themselves working more for seemingly less. There's a new class of Americans in town, says Conley. "Changes in three areas - the economy, the family and technology - have combined to alter the social world and give birth to this new type of American professional. This new breed - the intravidual - has multiple...
...Perhaps it was part of a secret plot: Hire fewer people in order to put pressure on the customer to look after his own garbage. At first folks might grumble a bit, but eventually they would comply and adhere to some unspoken ethic of self-service in order to save McDonald's money...
...biggest split is over whether stimulus should take the form of tax cuts or government spending. The main argument for spending over taxes is that at a time when American consumers have turned suddenly frugal, they're more likely to save any extra cash they get than spend it. This may be the right thing for most people to do, but it won't stimulate the economy. Meanwhile, if consumers do spend the money on TVs and cars and such, much of the impact will leak out overseas to pay for imports...
...infrastructure. By the late 1970s, as defense spending declined to 4% to 5% of GDP, there wasn't a lot more room to squeeze defense for higher domestic spending. Even with the end of our current wars in Iraq and Afghanistan, it's most unlikely that we'd save as much as 2% of GDP, given the vocal demands for increases in military budgets...
...Francisco is running a "5-10-15" promotion at all its properties - Hotel Vertigo (which takes design cues from the eponymous Alfred Hitchcock film), Hotel Union Square and others. You can choose from three deals: pay just $5 for a room upgrade; get a $10 Starbucks gift card; or save $15 on valet parking. Room rates start...