Word: america
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Dates: during 1990-1999
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...much are we spending? Put it this way: mandatory minimums are the reason so many prisons are booming in otherwise impoverished rural counties across America. The U.S. inmate population has more than doubled (to nearly 2 million) since the mid-'80s, when mandatory sentencing became the hot new intoxicant for politicians. New York (the first state to enact mandatory minimums) has sloshed $600 million into prison construction since 1988; not coincidentally, in the same period it has sliced $700 million from higher education. Americans will have to spend even more in the future to house and treat all the aging...
...Gore weighed in on the world financial crisis today with a plea to Japan to restructure its financial system and open up to free trade. "America cannot be the importer of only resort," the vice president said. "Please, we need your help to deal with this global economic crisis...
...another massive merger in the Internet biz. Last week At Home picked up Excite; today Yahoo throws free home page service GeoCities into its shopping basket. The latest deal makes Yahoo much bigger, second only in reach to the mighty America Online. Quite a feat if you consider that no one's browser comes preloaded with a Yahoo home page. And what a validation for GeoCities, a company that seemed absurd as recently as last year -- will anyone ever make money on free web sites...
...Vatican has framed this trip as an attempt to bridge the gap between the haves and have-nots in the Americas," says TIME religion correspondent David Van Biema. And President Clinton will find that the legendary crusader against communism has some harsh words for capitalism too. In his Ecclesia in America exhortation signed at the weekend, the pope denounced "unbridled consumerism" and a "system (that) considers profits and the law of the market as its only parameters." But to a U.S. President who considers the humming economy his greatest achievement, curbing consumerism will hardly seem like a good idea...
...never much chance that Clinton would delay his speech until the trial was over. Never in memory has a President had so much to brag about and so many reasons to do it loudly. Clinton, forever the luckiest of men, is the luckiest of Presidents to be presiding over America in 1999, when everything that should be up--incomes, the markets, test scores, productivity--is up, while everything that should be down--inflation, crime, welfare rolls, teen pregnancies--is down. And he's lucky right down to the timing: he gets to give a nationwide address just as the prosecution...