'Kids will hear the E-word, but it's not Elmo,' says Tim Connaghan, who runs a Los Angeles Santa-training school. 'it's the economy.'

在洛杉矶经营一家圣诞老人培训学校的蒂姆·康诺翰说，孩子们会听到E打头的单词，但不是埃尔莫(Elmo，儿童电视节目“芝麻街”中的玩偶名字)，而是经济。

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Such arguments will be familiar to anyone who has watched e-commerce companies upend other parts of the economy, from book publishing to airlines, taxis and hotels.

任何观察过电子商务企业颠覆其他经济部门(从图书出版到航空公司、出租车和酒店)的人都熟悉这样的论点。

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The center will focus on four priority activities starting with the letter E: ecology, ergonomics, efficiency and economy.

中心的四个首要活动将围绕4E展开：生态学、工效学、效率和节约。

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Apple, Google and Amazon among others have destroyed millions of American and global jobs too, by breaking established old-economy business models and innovating new e-economy ones in their place.

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Sure, a combination of e-commerce and a difficult economy have left many storefronts vacant, and certain verticals like record stores and local bookstores have been hit hard.

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Given the state of our economy, i.e. a near double-dip recession, the answer is that the current tax and regulatory rates need to be lowered in order to get our economic boulder moving again.

FORBES: The Bush Tax Rates Are Too High To Move This Boulder