Word: 1990s
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Dates: during 1980-1989
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According to Mondale, today's protectionism will guarantee tomorrow's free trade. Excluding cheap imports, he claims, will allow us to develop "fully competitive auto and steel industries in the 1990s" and prevent unemployment in the interim. Once American auto and steel industries become competitive with those of other countries, the need for projectionist trade barriers will simply fade away. Until then, though, moderate protectionism is the only way to prevent "irresistible demands for harsh and damaging legislation." In addition, by waving the club of American trade barriers over the heads of our allies, Mondale believes we will intimidate them...
...prices. If the world oil market is going to be tight by the end of the decade, as I predict it will, it takes a maximum effort just to achieve a 750-million barrel target. If the reserve is not filled, it will not be available even in the 1990s. And I think if one looks at where all the military expenditures are going, the contingency that most worries military planners, other than Central Europe, is the Middle East And a Strategic Petroleum Reserve represents a real important component of our security effort in the area...
...ringing the earth above the equator, can be spaced no closer than 2° apart (out of a possible 360°) without interfering with each other. Unless something is done to alleviate this overcrowding-95 of the 180 slots are already accounted for-all will be taken by the 1990s. Engineers believe that the traffic jam can be overcome by technological improvements that will allow closer spacing and give satellites greater capacity. Indeed, some experts envision a day when only three powerful geostationary supersatellites, spaced equal distances apart, will handle almost all the world's telecommunications...
...Oglesby Paul, former director of admissions for Harvard Medical School, said that some students fear there will be a glut of medical doctors in the 1990s. "It will certainly be much less easy to get a good practice," he added...
...that unmistakably implies moves to limit imports of foreign goods. Says Mondale: "We have to stop showing the white flag, to start running up the American flag, and to turn around, fight." Says Kennedy: "We must take whatever steps we must to see that Americans in the 1980s and 1990s will be buying American products." Both made these remarks to a convention of United Steelworkers in a transparent effort to win labor endorsement for their expected contest for the 1984 Democratic presidential nomination...