Word: snap
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Today, literal food stamps are a relic - purchases are made electronically, on plastic cards resembling credit cards. In fact, it's not even called the food-stamp program any longer; in classic bureaucratese, it's now known as the Supplemental Nutrition Assistance Program, or SNAP. Recipients' incomes and property values must be below a certain level for them to qualify. In June, the average monthly benefit came to $294 per household and $133 per individual. Recently, officials have worked to make the program more convenient, distributing electronic benefit-card readers to farmers' markets so food stamps can be used there...
...that hysteresis happens to economies is one that economists don't like to think about. They prefer to consider economies as yo-yos tethered to the sturdy string of the business cycle, moving up and down from growth to slowdown and back. But from time to time, things do snap. And Summers' argument in 1986 was that unemployment in Europe, the sort that might persist in the face of growth, was an expression of an economy that had snapped. Europe's economy was hit not only by shocks like an oil-price spike, a productivity collapse and rocketing tax rates...
...words out there for the folks who have drafted you for their fantasy teams? I'm going to play hard on every single snap...
Private-equity players are betting they'll be able to snap up the securities at bargain-basement prices. After all, the debt will come due amid rising unemployment and a deepening meltdown in the commercial real estate market...
...Filipinos saw her as that leader, but she declined the role until December 1985. It was then that a Marcos-controlled court acquitted the military men accused of killing Benigno. Marcos then decided to hold a snap presidential election to reaffirm his mandate...