Word: 80s
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Dates: during 1990-1999
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...Hill suffered the alleged harassment, why did she accept a job with Thomas at the Equal Employment Opportunity Commission (EEOC), and then maintain contact with him throughout the '80s? After leaving the EEOC for private life, why did she continue to call her harasser-at least 10 times-and at one point, congratulate him on his marriage...
...80s left behind structural burdens that are likely to rob the U.S. of robust growth for several years. Among them: record federal deficits (the past fiscal year: $285 billion) and an orgy of overbuilding that has sent the commercial real estate industry into an out-and-out depression. The glut of empty office towers could take a decade or more to pare down. Beset by the | speculative hangover, the economy has expanded just 2.6% from 1989 through mid-1991. Economists predict that the economy will bump along at a sluggish pace of less than 3% a year through...
...fallout from the '80s has given consumers, who account for two-thirds of all spending, an abiding fear of being laid off as companies retrench for lean times. Since the recession began in July 1990, more than 1.6 million jobs have been lost. The Labor Department reported last week that the unemployment rate in September slipped a notch, to 6.7% from 6.8% the previous month. While President Bush hailed the movement as "one more sign that the economy is strengthening," many economists and investors saw little to cheer. Among other grim signs, the labor statistics showed that the number...
That will be the painful consequence of the heedless and high-flying '80s. "We live in the box we've got ourselves in," says Lyle Gramley, chief economist for the Mortgage Bankers Association of America and a former Fed governor. "We are paying the price for what we did in the past with this enormous federal deficit. The price goes beyond the poor functioning of the economy now. Here we are, this great, wealthy, affluent nation, and we cannot afford to rebuild our highways or bridges. We cannot afford to have a really serious war on drugs. We cannot afford...
Beset by the '80s debt binge, the U.S. economy can't get rolling...