Word: blinder
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Dates: during 1990-1999
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...about the Fed's actions. While White House officials see no threat of renewed inflation, they would be glad if the Fed's moves kept the economy from growing so rapidly that it peaked before the 1996 election. At the Fed, meanwhile, the expected arrival of Clinton nominees Alan Blinder and Janet Yellen, who could be more tolerant of inflation, has the five holdover members groping for new formulas for battling it. The most draconian of these would raise interest rates whenever unemployment falls below 6.5%. (It now stands at 6.4%.) Such a rigid gimmick has little chance of being...
Usually, the targeted spouse is a woman. "This is the '90s version of public flogging," says Catherine Blinder of the Connecticut Commission on the Status of Women. "Women have always been persecuted for infidelity." In July Donna Carroll, a Janesville, Wis., homemaker, completed 40 hours of community service and attended a parenting session after her estranged husband charged her with adultery. While she denied the allegation, she agreed to the punishment in order to avoid a trial and the possibility of up to two years in jail and a $10,000 fine...