Word: sluggish
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Dates: during 1990-1999
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...energy and efficiency of the troops were in such contrast to the first sluggish response that the idea was revived of automatically bypassing civil authorities in the case of big catastrophes and sending for the soldiers immediately. "Neither the locals nor FEMA has the capacity to deal with a major catastrophe like Andrew," argues Linda Lombard, the Charleston County councilwoman who battled FEMA for relief money after Hugo hit South Carolina in 1989. "A major disaster is a war. And the people who are in that business are the U.S. military. When is the lesson going to be learned...
...Federal Reserve, on the other hand, are fighting a totally different war. The Federal Reserve, under not-so-subtle pressure from the White House, has been pushing interest rates down for more than a year in hopes of stimulating the U.S. economy out of its long bout of sluggish growth in order to help the President's re-election campaign...
...stony-faced George Bush struggled through a week of plunging approval ratings, sluggish economic-growth figures and angry sniping from his fellow Republicans, his personal physician, Dr. Burton Lee, mused on the fierce "predatory" impulses that politicians and journalists share with beasts of the jungle. "The second somebody looks like he's on the ropes," Lee said, mixing metaphors, "the hyenas come circling and howling around him. Then some people say, 'Oh my, he doesn't look well...
...White House economic forecast offer much solace to candidate Bush. It predicted a meager 2.7% growth rate for the year -- up from the January prediction of 2.2% but still sluggish. Two days before the forecast was issued, Federal Reserve Chairman Alan Greenspan, presenting the central bank's semiannual report, predicted that the weak recovery would become more stable sometime next year -- too late to help the President's re-election...
...addition, instantaneous electronic trading, particularly on a global scale, could increase the volatility of markets in the same way that computer- generated program trading has done. Filtering trades through human hands and minds might be slightly sluggish and inefficient, but it can serve to add an element of stability (and occasionally even a moment of rationality) to a marketplace. Says Albert Sindlinger, who runs a Wallingford, Pa., investment- research firm bearing his name: "If the past is any indication of what computers will do to markets in the future, then we may all be in big trouble...