Word: badness
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Dates: during 1980-1989
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...insolvent, firms to declare bankruptcy. The 1978 change has made bankruptcy both a shield and a sword. Robert Miller, executive vice president of Congress Financial Corp., a commercial lending institution, supports the Bildisco decision but finds the growth of bankruptcies disturbing. Says he: "Any time a company makes a bad business deal, whether it's a union contract or a lease, it can resort to Chapter...
...budget briefings with reporters, Feldstein suggested that the Administration would eventually have to compromise with Congress and agree to reduce defense spending and raise taxes. Grumbled a top White House aide: "There was Feldstein, in public, emphasizing that the budget as presented was a bad job and that, of course, defense will have to be cut and, of course, the Treasury needs more revenue. The Democrats will feel emboldened to stick to their guns all the more stubbornly." That same week the Administration released the Economic Report of the President, which was prepared under Feldstein's supervision and contained...
...crunch. Says he: "If a crisis develops that would cause a serious downturn in the economy, we should do what is necessary to remedy this. But you have to realize that the cost of such action can be renewed inflation." A jump in food costs brought on by bad weather caused the consumer price index to jump .6% in January, its steepest gain in nine months, but most economists remain hopeful that inflation will stay moderate this year...
...aggro-and-bother with glimpses of lush relaxation and childhood escape epitomize his own conflicts. When painting "straight" landscape, Morley is less convincing, producing huge pictures of wobbly livestock under a crude Constable sky. At such moments he reminds one that there is not only good art and bad art but bad "bad painting" and good "bad painting." Fortunately, most of Morley falls in the first and the last of these four categories. -By Robert Hughes
Offstage, Nigel and David snipe at each other like two people at the angry end of a bad marriage. Then it's onstage again, this time at an embarrassingly quaint military social, or second-billed to a puppet show in Themeland Park-all for the perks of sex, drugs and rock 'n' roll...