Word: bleakness
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...last week the news was so bad that Bush was hardly in a mood to kid around. The nation's unemployment rate, which had remained steady--and low--while other indicators turned bleak, leaped to 4.9% on Friday, its highest level in four years. Wall Street was raining red arrows as the Dow lost 427 points in just two days--3.5% for the week--while the NASDAQ fell 6.5%. At a noon meeting in chief of staff Andy Card's office, top Bush aides decided to clear the President's afternoon schedule and dispatched him, grim faced, to the South...
...Clearly the job "churning" that?s keeping unemployment contained is leaving some people making less than they did before - discount chains like Wal-Mart and JC Penney?s aren?t seeing their same-store sales go up because people are getting raises. If the unemployment picture isn?t yet bleak enough to push consumers over the psychological brink into complete shopping withdrawal, it?s still bad enough to keep them watching their wallets...
...announced whether he'll seek reelection. But Gramm and Domenici insist they're not bowing out. Gramm has $4.4 million on hand. Domenici, who has about $1.9 million, had George Bush in his state last week for a fundraiser. Republicans also say the overall numbers aren't as bleak as they first appear. They have more seats up for grabs, but Democrats are seriously challenging no more than three of them, GOP officials claim. Republicans, meanwhile, are mounting serious challenges on as many as 10 Democratic seats. Helms's seat is one the GOP thinks it'll hold - whether...
Meanwhile, back in his lab, Carson is trying to develop new treatments for a type of cancer called brain-stem glioma. The tumor's location makes surgery difficult and prospects for survival bleak. But those are exactly the kinds of odds that Carson has faced before and beaten...
...with a near orgy of unpersuasive show-biz sentimentality. But up till then it's a fine madness, full of jaunty desperation, survivable disasters and the kind of ferocious concentration on a really stupid idea that once propelled Wile E. Coyote through--come to think of it--a similarly bleak and comically perilous American landscape...