Word: lingo
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Dates: during 2000-2000
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...session on January 20, the Speaker will most likely be Republican Dennis Hastert. If for any reason the Coach can't take over the top job, next in line is the president pro tempore of the Senate, the venerable Strom Thurmond ("pro tempore," by the way, is fancy lingo for "oldest guy"). This of course has led to lots of ageist chuckling (the most outrageous: the Onion's assertion that a President Thurmond would appoint Orval Faubus as Secretary of Slaves...
...everywhere. Besides hosting "The Tonight Show" Allen starred in the bio-pic "The Benny Goodman Story;" he wrote the songs (including "This Could Be the Start of Something Big" and "Impossible") for a TV book-musical "The Bachelor;" he recorded some spoken-word fairy tales with hipster lingo that became hits and a book (the still-funny "Bop Fables"); he published a collection of short stories ("Fourteen for Tonight") and a study of TV comics ("The Funny Men"); he wrote the lyrics for movie themes ("Picnic," "Bell, Book and Candle"); and he started a Sunday-night variety hour, "The Steve...
...because, with only one supplier in a market, the monopolist can set price way above the market equilibrium point (E), and quantity far below E. Such a situation means that the price of the good or service is artificially elevated, while quality usually suffers. For those unfamiliar with the lingo, the gist is simple (and oft-repeated in Professor Feldstein's lectures): monopoly bad, free trade good...
Compared to, say, the computer industry in the past two decades, football has hardly changed. As a Dennis Miller fan and a beer drinker--there were approximately 6,000 Coors and Budweiser commercials during the three-hour game--I felt reasonably at home. Having forgotten a lot of gridiron lingo, I had no idea what a "fifth-place schedule" is, but Miller sure did. In fact, my listening to him debate the intricacies of a game I no longer completely understand must be similar to my aunt in Oklahoma trying to keep up with Miller on his HBO show...
What confronted this increasingly hawkish panel last week was a maverick economy that simply refuses to do what it's told. The Fed had raised rates a quarter of a percent--or 25 basis points, in the lingo--no fewer than five times since last June, with little tangible impact on either GDP growth or unemployment. Joblessness stood at just 3.9% in April, its lowest level in three decades. This persistent lack of idleness sent shivers up the spines of FOMC members, who fear that tight labor markets will lead to inflationary wage increases. To make matters worse, from...