Word: boosting
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Dates: during 1980-1989
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...economic slowdown could become a full-fledged recession if a large number of individuals and businesses started defaulting on their loans and sharply curbing their spending. On the Government's part, the huge budget deficits virtually eliminate its ability to revive a sagging economy by using a spending boost as a stimulant. Moreover, a failure to cut the deficit this year would create instability and pessimism in the financial markets...
...that pace keeps up, the Fed may boost interest rates to restrain growth. Says Sinai: "The Fed has already tried to introduce a mild dose of tightening to slow the economy. But it just isn't working so far." Interest rates have been steadily climbing since March. The federal funds rate, which is the interest that banks charge one another on overnight loans, has increased from 6.5% to nearly 9.5% during the past nine months. Economists polled by TIME estimate that the prime lending rate will climb from its current 10.5% to 11% by June but will end the year...
...When oil prices soared in the 1970s, industries responded by becoming much more energy efficient. But the plunge in the price of oil from $36 per bbl. in 1982 to less than $12 per bbl. this fall has cooled the enthusiasm for conservation. Governments must rekindle that interest and boost energy saving by setting or raising minimum efficiency standards for automobiles, appliances and other machinery...
...nothing to give anyone. So I gave a fashion show." Men, on the other hand, favor electronic gadgetry and tools, and picking up the tab at meals. Notes Janet Damon, a psychotherapist in New York and author of a new book, Shopaholics (Price Stern Sloan; $16.95): "They try to boost their self-esteem by buying an image of power...
...Khmer Rouge seems to be using the refugees as pawns to seize land in Kampuchea as Vietnamese troops carry out their phased withdrawal from the country, due to be complete by 1990. Last week, responding to international pressure, Thailand promised to boost security around the permanent Khmer Rouge camps to halt the forced relocations and general thuggery...