Word: effecting
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Dates: during 2000-2000
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...cedar that is vexing him now, the clotting underbrush that chokes the majestic old oak and elm hardwoods. "When it is cleared, you'll have the full effect of the amphitheater," he says, sweeping his hand across the long ridge of limestone that leads to the waterfall. "I'm making the case for my cedar-eradication project," he says, pointing out yet another patch of the annoyance long after he needs to make the case...
...exam, a live speed-reading contest in which reporters jumped to conclusions, sometimes qualified and sometimes not. Most networks first seized on the majority opinion, which seemed to imply that Gore might pull off a new recount. Rather said flat-out, "What [the ruling] does not do is in effect deliver the presidency to George Bush...
...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...
...Good-bye wealth effect...
...recession, then at least some extended humdrums of 2 to 3 percent growth. Even if the tech sector can bottom out soon and adjust its expectations accordingly, there'll be no 43 percent runup in 2001, and no gold rush to go with it. And with no "wealth effect" for consumers and no market magnet for international investment, America's imperviousness to global slowdowns should be greatly reduced...