Word: looke
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...what a reader two years down the road would find funny and interesting. I think the lag time works because what I'm trying to get across is that we get so drunk with excitement about the little trends and stories that flit through our lives, but if you look at them in retrospect even a month down the line - let alone two years - you see that they weren't that much to get excited about in the first place...
There are three things worth keeping in mind about any great enterprise that eventually falls. Number one, the seeds of decline are usually in place long before decline becomes visible - like a disease where you look strong on the outside but you're already ill on the inside. Second, we tend to think decline happens because of complacency - people just sitting still, not being aggressive or innovating. But we found there's often tremendous change and innovation leading right up to the point of fall. It's overreaching: undisciplined growth, undisciplined risk-taking. Finally, I was surprised...
...understand the Great Consumer Retrenchment is to look at the amount of debt the typical household carries as a percentage of its disposable income. The ratio of debt to income increased from about 35% in the early 1950s to about 65% by the mid-1960s, where it more or less stayed until the late 1980s. That's when debt started its epic rise, hitting 100% of income in 2001 and going all the way up to 133% in 2007. (Read "Five Reasons for Economic Optimism...
...group was able to study six times as many babies exposed to metoclopramide as had ever been studied before, giving the results considerable weight. "I do think the FDA should look at it as a treatment for morning sickness," says Koren...
...Barack Obama's words, "keep insurance companies honest," but which Republicans say would be a deal-breaker. Still, the House model appears to be far weaker than one described in early drafts of the HELP Committee's legislation. If those early drafts are any indication, the HELP version would look a lot like Medicare, with the rates that it reimburses hospitals, doctors and other health-care providers linked to those paid by the government medical plan for senior citizens, which generally run about 30% lower than what private insurers pay health providers. (However, the HELP version may well...