Word: 1980s
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Dates: during 2000-2009
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Public boarding schools are hardly a new concept. Institutions in Indiana and Pennsylvania took in the children of dead Civil War veterans, and Louisiana and Illinois offered residential programs for gifted students in the 1980s. But publicly financing boarding schools for inner-city kids is a very different proposition. It was revolutionary in the late 1990s, when two consultants quit their jobs and began raising money to open the SEED School, a charter school in gritty Southeast Washington...
...early 1980s, around the time Ronald Reagan became President and Wall Street's great modern bull market began, we started gambling (and winning!) and thinking magically. From 1980 to 2007, the median price of a new American home quadrupled. The Dow Jones industrial average climbed from 803 in the summer of 1982 to 14,165 in the fall of 2007. From the beginning of the '80s through 2007, the share of disposable income that each household spent servicing its mortgage and consumer debt increased 35%. Back in 1982, the average household saved 11% of its disposable income. By 2007 that...
...After charges against Chen were announced in November, prosecutors detained the former leader, now 58, on grounds that he could collude with other suspects in the case if he remained free. As one of the activists that helped bring democracy to Taiwan in the 1980s, Chen insists that the timing of his detention - shortly after a historic visit from a high-ranking Chinese official to Taiwan - expose that the Taiwan's authorities have been biased against him. While being held at the Taipei Detention Center, Chen has been drawing public attention to his cause through extended hunger strikes, writing poetry...
...first time solar has been proposed for the plains, however. Darrell Twisselman - whose family has lived in the area since the 1880s and whose land would host the two photovoltaic plants for a hefty profit - remembers when they built a solar photovoltaic plant there in the mid-1980s. (At 6 megawatts, it was tiny compared with the current proposals, one of which has a 177-megawatt capacity.) The project faced similar gripes then. "Everyone complained about them for two weeks, and then everyone forgot," Twisselman says. "And they were what you might say unsightly. You could see them from everywhere...
...grow at a slower rate than Obama had projected when the budget was drafted, and than several other economic forecasts anticipate. Under the Administration's plans, that means an explosion in government debt after the current recession ends, with sustained deficits even larger than the ones caused in the 1980s by the policies of Ronald Reagan. The national debt, the CBO calculated, would go from 41% of the size of the nation's economic output in 2008 to 82% of the economic output in 2019. In other words, if the CBO estimates play out without a change in policy, Obama...