Word: sentimentals
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Meet the American consumer of late 2007. Sure, he's worried. Apart from a brief blip after Hurricane Katrina in 2005, the University of Michigan's much watched Index of Consumer Sentiment hasn't been this low since 1992. But buying stuff is what we Americans do. The last outright decline in consumer spending came in 1991, and that was shallow and short-lived. Most indications are that this year's Christmas shopping season will be, if not exactly a blowout, better than the last...
...time," had been Whitlam's message; time for change. Rudd updated the sentiment. "Today Australia has looked to the future," he told air-punching supporters and TV viewers around the country. "Today the Australian people have decided that we as a nation will move forward...
...unclaimed passes in the lobby of Sydney's Wentworth Hotel suggested many Coalition supporters had lost their faith even before John Howard's election night function had begun. Some had lost their composure: there were tears from a Young Liberal lad, perhaps owing more to alcohol than sentiment; another roared, "We love you Johnnie," even though Johnnie was still at home watching the tumbling seats drive him from office...
Pundits have spent much of the past year debating what the trend to Labor said about Australia. In a country where voting is compulsory, elections turn on a dozen or so marginal seats, where small shifts in voter sentiment can make or break governments. There was reason to think swinging voters would applaud Howard: Australia is in its 16th successive year of economic growth, and unemployment and interest rates are the lowest since the '70s. "This is the first defeat of a government in decades where there was no evident anger or public rage," said former Liberal Senator Michael Baume...
Project Laundry List's Lee dismisses the notion that clotheslines depreciate property values, calling that idea a "prissy sentiment" that needs to change in light of global warming. "I understand the need for communities to legislate taste, but people always find a way around it," he says. "The clothesline is beautiful--gorgeous, sentimental and nostalgic for many...