Word: shifting
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Dates: during 2000-2009
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Just as our two-sided national character has always toggled back and forth between its steady and skylarking aspects, so does our national history run in cycles, as writers have noted almost from the beginning. And so once more we are making the periodic shift from an unfettered zeal for individual getting and spending to a rediscovery of the common good, from "the business of America is business" seeming inarguably true to sounding narrow, callous, a little crazy...
...million in bonuses paid out to top executives at AIG - the insurance giant that has received more than $180 billion in federal money. This week Obama remains relatively untouched in the polls, and Geithner is basking in his best week of media coverage yet. How did their fortunes shift so suddenly? To some degree, they were helped by the fact that New York State Attorney General Andrew Cuomo announced Monday night that he has already managed to get AIG employees to give back $50 million of the bonuses. But much of the credit still has to go to the Obama...
...message was delivered - though it was, one must say, a big shift from the last time Obama messed up the prime-time television schedule for a press conference. Six weeks ago, he had a different message: The nation was facing a financial abyss, he explained, and lots had to be done, and fast, to prevent a prolonged economic catastrophe. Now he had returned to the same format to say that that the ship was slowly turning and the problems would be solved. Teachers and police officers were keeping their jobs, he said in his introduction, reading from a large...
...Those measures created a budget that was arguably sustainable once upon a time, with deficits that were smaller than the projected annual growth in the economy, while Obama still managed to make significant investments in education, energy and health care. But the economy appears to be shifting. And unless Obama finds a way to shift as well, or the economy recovers in a way some economists now think unlikely, Obama's new "Era of Responsibility" may be viewed by historians as no more than another predictable attempt by a political leader to repaint the sides of a sinking ship...
...Nanos due to a controversy over construction of what was to be the Nano's main factory in Singur in the state of West Bengal. Last year, protests over people who were displaced from their farmland by the plant turned violent. The company was forced to abandon Singur and shift production to four existing facilities in other cities, a disruption that delayed the launch by several months. A new plant in business-friendly Gujarat will be ready at the end of 2010 with an annual capacity of 250,000, expandable...