Word: smarts
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Dates: during 2000-2009
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...think it made me look really smart,” he said. “Really I was just good at being on the Internet...
...movies, cable TV—as something no more serious than lifting paper cups from the dining hall. They get their songs and movies free and give them freely. Unlike their parents, they’re not fazed by LCD screens; they e-read on their laptops and smart phones more than they read on paper. Why pay $20 for a book, they ask, when you can download it for free? And these consumers will not suddenly become accustomed to buying books as they grow older; instead, they’ll pass this instinct on to their kids...
...Smart So where should the money go? And how can we make sure it gets there? In all three elements of Obama's plan, there is great promise as well as potential pitfalls...
...rest of Obama's stimulus will be New Deal-style government spending on needed goods and services, often with modern twists. That means smart meters and weatherization programs to prevent wasting energy; transmission lines and solar panels to promote alternative energy; green school buildings and sewage-treatment plants; wetlands restoration in the Everglades and coastal Louisiana; repairs for aging dams, bridges and airports - plus broadband networks, research, job training and, as Obama has suggested, anything else that seems like a good idea. This is an ideal time for the government to spend money on infrastructure, because labor and equipment...
...they don't get spent. That's what happened last year to a $168 billion stimulus package that relied on income tax rebates - remember when $168 billion was a big deal? - but foundered when many recipients hoarded the cash or paid down credit-card debt. It turns out that smart personal-finance decisions make for a lousy stimulus...