Word: evening
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Dates: during 2000-2000
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...Which it might. This could be the real thing - if not a 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...
...original conservative-pragmatist hero, a long-running Wisconsin governor who dazzles on welfare reform and won't budge on his pro-life position. This is the guy who started the fashion that allowed a bipartisan-minded GOP governor to dodge the stench of Tom DeLay, and Bush owes him. Even liberals can't help but like him a little bit, and the religious right knows the abortion issue won't get any worse for them with him in charge. At Thompson's request, the announcement will be made after the holidays, but it looks like a lock...
...Education will be a delicate choice. First, because it'll be the window into the issue that Bush says is his first love. Next, because hard-core conservatives don't even want an Education Department. And then there's the prayer-in-schools thing. And the v-word. Bush may let this one simmer awhile...
...financial crises ahead, and express the hope that those can be resolved as rapidly as the 1998 Asian meltdown was. They also warn that a sustained downturn in the U.S. economy (made possible by its massive deficit and limited savings) could also deal a body blow to global growth. Even in the best-case scenario, the report warns, there are going to be billions of people left out of the party, and they're going to be terribly, quite possibly violently, unhappy about that...
...very livelihood depends on the American way of life being constantly under threat, "Global Trends 2015" was never going to be sanguine about the prospects for peace and prosperity in the years to come. (Hey, these guys have a budget too.) Still, their assessment is sobering. To be sure, even if they're only half-right, the one thing there'll be no worldwide shortage of over the next 15 years is bad news...