Word: term
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Dates: during 2000-2009
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While such statistics are promising, menu counts are no silver bullet. Martin Lindstrom, the noted consumer psychologist and author of Buyology: Truths and Lies About Why We Buy, fears that consumers will tune out the numbers long term. "Eventually, calorie counts will just be wallpaper," he says...
...still has significance. I will admit that younger people have different attitudes about race than their parents and grandparents, but race is still with us today, and it's going to be a while before it's totally eradicated. That's why I still have issues with this term postracial society, which is not the case...
...activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal economic growth." Mohamed El-Erian, chief executive officer of bond-investing giant Pimco, has popularized a catchier if less informative phrase for what we're in for: "the new normal...
...long boom in stock prices from 1982 to 2000 and the shorter one in housing prices from about 1997 to 2006 were fueled by rising debt. Ever easier mortgage terms and falling interest rates provided a brisk tailwind for home prices. In the stock market, higher profits pushed along by bigger consumer and corporate debt loads brought higher stock prices. Start ratcheting the indebtedness down and throw in slower growth, and both of these processes go backward. For the long-term health of the economy, that's good--as we've learned, debt-fueled growth is not indefinitely sustainable...
...Washington Benefits for Gay Partners Extending an olive branch to critics who say he has failed to follow through on campaign promises, President Obama signed a memo on June 17 granting long-term-care and other benefits to the same-sex partners of federal employees. The White House most recently drew criticism from gay-rights advocates for supporting the Defense of Marriage Act, which opposes same-sex marriage...