Word: direness
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Dates: during 2000-2000
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...gets blamed if those six tightenings ending last spring put the boom into convulsions, but the Fed chairman figures that a slowdown would be much easier to bear - and modulate - than, say, stagflation, and that he can always slash short-term rates in January and beyond if things look dire...
...markets, for whom things look plenty dire right now, are expecting just that, and have already begun the process of pricing in a quarter-point cut. That'll help share prices in January, which could help raise consumer spirits and eventually get businesses borrowing and growing again. But the effects of rate cuts - and any tax cut Bush can slide through - will be strictly psychological for the better part of a year...
Even Gore's note-perfect concession speech--brief, unbowed, ruefully funny and unabashedly patriotic--carried a dire subtext. The Vice President quoted Stephen Douglas' concession to Abraham Lincoln after the 1860 election: "Partisan feeling must yield to patriotism. I'm with you, Mr. President, and God bless you." But when Douglas offered those uplifting words, the nation was weeks away from the Civil...
...Before the New Economy showed up, 2.2 percent growth wasn't shabby at all; now it's dire news. The Tech Decade didn't just produce Greenspan's "irrational exuberance," it produced his "wealth effect," in which fat portfolios make for long shopping lists. Consumer spending kept us afloat while the world sank, and now that the engine of our recent prosperity is misfiring, wallets are closing all over America...
...result, energy demand in the state has sky-rocketed, to the point where the power grid cannot support the demands. The situation is so dire that the state recently instituted an energy emergency, which gives the system's administrator the right to black out houses on a rotating basis for an hour at a time. Added to the fact that the state cannot supply enough power for its residence, the price of power has also risen dramatically. In San Diego, for example, the price of energy tripled this summer...