Word: sharp
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Dates: during 2000-2009
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...this for New York in the mid-'70s: from its desperate blight emerged some pretty sharp movies. Back then, children, Hollywood was actually interested in reflecting contemporary society, and this poster child for urban dystopia provided the perfect setting. A raft of films - Serpico, Death Wish, Dog Day Afternoon, Taxi Driver - navigated that stinky Styx with the expertise of a champion white-water rafter. A lesser but still pertinent entry was The Taking of Pelham One Two Three, which starred Robert Shaw as the criminal mastermind and Walter Matthau as the transit detective trying to talk...
...ergonomics specialists know, using a computer can be a real pain - in the neck, wrists, back, eyes, shoulders, etc. But it also leads to injuries that experts may not have considered, such as trips and falls over the printer cord, lacerations from the sharp corners of a CPU or bruised toes from dropping laptops on feet...
...overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because the U.S. consumption share of real GDP, which hit a record 72.4% in the first quarter of 2009, needs, at a minimum, to return to its pre-bubble norm of 67%. That spells a sharp downshift in real consumption growth from the nearly 4% average pace of 1995 to 2007 to around 1.5% over the next three to five years. There will be years when the consumer falls short of that pace. The contraction of more than 1.5% over the past four quarters...
Will it work? "It's too soon to tell," she says. "But after we had that sharp decline, we did an urgent appeal to the community, and we got more than 800 contributions in one month--over $152,000. They came with all of these notes from people about how much they cared about the Beck Center. It really made a statement that especially in troubling times, it's important to people to have the release and escape of the arts and an opportunity to dream...
...sharp downturn in global trade has delayed action on those ideas. So far the only evidence of the shift is in consultant surveys like Ferreira's. In Beijing, though, the downturn has brought its own attitude adjustment. "The Chinese response is 'We are too coupled to the American economy,'" says Ian Bremmer, president of the Eurasia Group, a political-risk consulting firm. That has led to more domestic spending by the government and attempts to boost Chinese consumers' spending. True, neither is necessarily bad news for foreign firms. It has, however, also meant an increasing reluctance to let U.S. companies...