Word: slow
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Dates: during 2000-2009
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...Song Seng Wun, regional economist at CIMB-GK Research in Singapore. "They all face the downturn with a few more bullets in their pocket than they had in the past," he says. The high growth rates of the past several years provide an additional buffer. With the exception of slow-growing Japan, which may already be in a recession, Asian countries will likely account for the majority of the world's GDP growth this year...
...only about 2% of all retail transactions. But cash-strapped consumers will still hurt economic growth. Many spend half their salary on car and house payments and will be forced to cut discretionary spending. Some sectors are already getting hurt. New car sales - 80% of which are financed - are slowing. Tata Motors reported a 3% decline in sales in August compared with the year before, while Maruti Suzuki reported a 9% drop. Commerce and Industry Minister Kamal Nath has been warning publicly that the country's GDP growth will slow this year to between 7% and 8%, down from more...
...heard: they passed petitions, lit up the phone lines, melted the message boards. In an age of poisonous partisanship, it was like an antitoxin, the country drawn together, red and blue, young and old, in disgust at elected Representatives who had failed to foresee or forestall a man-made, slow-motion catastrophe...
...September 24 address to the nation that “most economists agree that the problems we are witnessing today developed over a long period of time.” Last week, Dean of Harvard Business School Jay O. Light called the crisis a “slow-motion train wreck,” implying it had been a long time in coming. With these sorts of opinions about the economy, it’s troubling that Paulson did not have such foresight. A Secretary of the Treasury who is unable to notice or acknowledge the symptoms of the crash...
...Cross’s pass offense that plagued them last year.“I’m sure they’re sick of hearing me say ‘Hey, last year, we not only didn’t stop them, we didn’t even slow them down,’” Murphy says of 2007’s 31-28 loss to the Crusaders. “500 plus yards, 30 plus first downs, 30 plus points, those are statistics you don’t normally attribute to a Harvard defense...