Word: boosting
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Dates: during 1980-1989
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...that he would support the INF missile treaty. Dole has been waffling on the treaty in an attempt to appease G.O.P. right-wingers, while Bush loyally endorsed the deal. Reagan, who needs the backing of Senate Republicans to ratify his treaty, was in the awkward position of seeming to boost Dole's faltering campaign...
...military has tried to boost morale as well as spending power. Since the last low-dollar period, in 1979-80, the Army has improved the way it computes cost of living allowances. They are now adjusted monthly and take more prices into account. The Army provides financial advice and such services as family- emergency funds and low-interest credit. Despite the decreased value of the dollar, say Pentagon spokesmen, there has been an increase in requests for extensions of West German tours of duty. But some observers worry about whether that trend will continue in the face of new pfennig...
...That boost in productivity will help U.S. companies to curb costs and keep prices under control. "We're going to have productivity-led growth," says Yardeni of Prudential-Bache. "And that doesn't necessarily push inflation rates higher." Among the economists polled, the median forecast for next year's increase in the Consumer Price Index was 4.6%, virtually the same as the 4.3% rise currently projected...
Many of the economists are optimistic, however, that the trade gap can be substantially reduced without an economic downturn. They expect increased growth abroad to boost demand for U.S. exports. One especially encouraging sign: Japan's economy grew at an annual rate of 8.4% in the quarter ending in September, thanks in part to a $38 billion government program to stimulate the economy that passed the parliament last spring. Roger Brinner, chief economist of the forecasting firm Data Resources, predicts that even West Germany will spur its economy and increase imports from the U.S. Says he: "The stimulus in Europe...
Finally, the declining dollar could rekindle inflation, even as it revitalizes U.S. companies. As the cost of imports rises, domestic manufacturers could see that as an opportunity to boost their prices as well. For that reason, the inflation fighters at the Federal Reserve may try to prevent the dollar from falling too fast...