Word: badness
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Dates: during 1980-1989
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...must not judge the deficit only at the federal level. The total national, state and local deficit is about $100 billion to $110 billion. In a $3.8 trillion economy, that deficit is not as bad as the hysteria would have us assume. We should not panic. We should cut spending where possible. But a relentless pursuit of growth and jobs and extension of this recovery is the single most critical thing available to us to get the deficit down...
Five years ago, morale was bad and production worse at the tiny Haiyan shirt factory in Zhejiang province, 69 miles from Shanghai. The enterprise was in such dire condition that workers who were ready to retire could not do so because of an empty pension fund. The value of the plant's assets totaled only $10,000, and profits rarely topped...
...impossible to solve most drug, organized-crime and official-corruption cases. Dan Webb, U.S. attorney in Chicago, for instance, seldom tries a major criminal case in which some witnesses do not "carry baggage"-have criminal records. Webb's prosecutors may have set a record for the use of bad-guy witnesses, when in 1982 they paraded some 50 criminals into court to testify against ten police officers charged with taking bribes to protect the drug trade. "They were the dirtiest you could put on the stand," recalls Webb. "Their backgrounds were as unsavory as they come - rapes, murders, dope...
...that was only part of the bad news that has been jolting F.C.A. The company, which is the parent of American Savings & Loan Association, the largest U.S. thrift institution, may be facing liquidity problems. Last month institutional investors, worried by the company's lower earnings and regulatory problems, withdrew $1.4 billion in deposits, forcing F.C.A. to borrow emergency funds from the Federal Home Loan Bank in San Francisco. Coming just three weeks after the $4.5 billion federal bailout of Chicago's Continental Illinois Bank, the troubles at F.C.A. were particularly unsettling to financial circles. After Knapp...
...frivolously by the nuclear-freezers. So how to explain the robust $8.2 million in ticket sales on its first weekend of release, when most Americans were engaged in the sissy activity of watching the Olympics? Perhaps the film's audience loves guerrilla theater, no matter who the bad guys are. You can, after all, key a crowd up by shooting at anything that moves. It doesn't even have to be red. -By Richard Corliss TIGHTROPE