Word: short
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Dates: during 2000-2009
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...Even that's not enough to excite investors. On the first trading day of 2009, buyers lifted the Nikkei to above the 9000 level for the first time in two months. The boost, however, was short-lived, and the Nikkei continued to drop, after losing 42% in 2008. Now hovering just above 8200, the index is about one-fifth of what it was in 1989 at the peak of Japan's stock-market bubble. (See pictures of scared traders...
...short, the emotional train does run in two directions: between your brain, which may be screaming from the pain that your trainer is causing, and your face, which can - if you draw it into a relaxed expression - inform your brain that it shouldn't be protesting so much. So next time you're working out and grimacing, push your facial muscles into submission. Look blank. You will find it's easier to get through one more...
...traffic ticket. Law enforcement officers, however, worry that citizens’ first impression may prove all too close to correct—that the “marijuana ticket” will prove impossible to enforce and is thus a de facto legalization of weed. In the short run, officers should try to enforce the law as best they can, despite the enforcement challenges that it presents; it is, after all, law. In the long run, however, citizens and officers alike should consider the real reasons that officers hesitate to enforce the law, and what can be done to better...
...transit projects also create 9% more jobs. Then again, transit projects like high-speed rail lines and subway stations tend to take more time to build than roads or repairs. And while a recent study calculated that the average dollar spent on infrastructure ricochets into $1.59 worth of short-term growth - a bit better than aid to states or broad-based tax cuts and a lot better than tax cuts for businesses or investors - increasing food-stamp or unemployment benefits packs even more bang for the buck...
...face it: fiscal stimulus is a frustratingly inexact science. Nobody knows precisely what it will do in the short term, and in the long term, it isn't that different from any other government spending, except that the point of the spending can be the spending itself. As always, there will be winners and losers; it's impossible to stimulate everyone equally. In two years, if the recession is over, skeptics will claim it would have ended regardless of the stimulus. If it lingers, proponents will credit the stimulus for preventing a drearier outcome. As with the first round...