Word: sharping
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Economist David Levy, chairman of the Jerome Levy Forecasting Center, says economic downturns up to and including the one in 1982 have largely revolved around temporary shocks to the economy such as high oil prices, backed-up inventories, lofty interest rates and other problems responsive to sharp correctives - after which unemployment rates eased in step with other recovery indicators. More recent recoveries from economic downturns, however, have tended to go forward without major gains in employment, a reflection of the fact that the underlying economic problems of modern recessions have been more complex and therefore more difficult to solve. Levy...
...more right. The event, which electrified the Harvard student body with a fervor usually reserved for consulting info sessions, served as a testament to the will that exists on this campus to use this moment to combat the pressing environmental challenges that face the world, and offered a sharp rebuke to those who argue that ours is a generation defined by apathy...
...perspective, think back on 1997, when a financial crisis began in Thailand and rapidly swept through first Asia and then emerging markets around the world. It brought currency collapses, massive debt defaults and sharp recessions in its wake...
...Chinese government has quickly awakened to the threat of a sharp slowdown. Until a few months ago, Beijing's top priority had been fighting inflation. Now policymakers are easing off the brakes and hitting the gas again in an effort to stimulate growth. The central bank lowered its benchmark interest rate twice in the past 45 days, the first cuts since 2002. In mid-October, the State Council announced plans to increase infrastructure spending, to offer tax rebates for exporters and to boost government-controlled prices for agricultural products. Beijing is also widely expected to introduce measures to resuscitate...
Silly paranoia? (Cue creepy music here.) Or key elements in "The Enemy's Secret Plan"? Both monsters do exist, I'd say, but are only about 2 ft. (0.6 m) tall, scared of the daylight and lacking particularly sharp claws. The FBI is looking at ACORN for a reason, and the phrase ballot suppression is not a term totally unheard of in GOP hallways. That said, both sides are by and large trying to do what is right, at least most of the time. New-voter registration is a good thing. Keeping a sharp eye out to prevent ballot fraud...