Word: slow
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...Fret all you want about rising energy costs and a housing slowdown. Yes, both are drags on the economy, which appears to be slowing. But oil and gas reserves are building; their prices will stablize soon. Housing activity will continue to slow-but from a pace that everyone knew was unsustainable. The national median home price rose a blistering 13% last year. The next three years, predicts Doug Duncan, chief economist at the Mortgage Banker?s Association, price gains will equal their long-run average of 5% to 6% each year...
...Slow the revolving door. Former members of Congress and their aides must wait a year after leaving their posts before lobbying former colleagues. Lawmakers want to double the waiting time to two years. Chance of passage: 90%. Less likely: extending the ban to five years. Meaningless extra: the House will probably pat itself on the back for barring former members turned lobbyists from exercising their right to return to the House floor or mingle in the House gym--a step that sounds tough but isn't. Said a G.O.P. lawmaker: "By the time we get to the floor, we already...
Coleman Hough's spare, perceptive script is set in what must be one of the last doll-manufacturing plants in the U.S. Hefty, fortyish Martha (Debbie Doebereiner) and her winsome young friend Kyle (Dustin Ashley) pass their lunch breaks eating fast food and making slow talk. Rose (Misty Wilkins), a young single mom with a bit of a past and some bad habits, joins the workforce and upsets Martha's and Kyle's placid comradeship. Pretty soon there's a death...
...rare for teenagers of any generation to think that far ahead, never mind the cohort that reached adolescence at the height of the drug boom. It may be impossible to slow the demographic conveyor belt that's going to dump so many of them into the senior population with a habit they picked up during their summers of love. But it's not too late for them to shake it off, achieving the peace in the last chapters of their lives that the drugs promised them in the first...
...have a new leader, but the Federal Emergency Management Agency, blasted for its slow response to Hurricane Katrina, is still being criticized for tardiness. Oklahoma officials told TIME last week that it took FEMA 12 days to approve that state's request for comprehensive disaster assistance to combat wildfires that have charred nearly 400,000 acres since November. Oklahoma requested funds from FEMA on Dec. 30 for a variety of measures, including the pre-positioning of supplies and retardant-dropping planes from out of state. But neither Governor Brad Henry nor his state disaster chief could get calls returned from...