Word: busting
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...radical decision Bush has recently made is to move full speed on a defense system that runs afoul of the 1972 Antiballistic Missile Treaty, which limits testing and deployment of new defensive systems. Critics say the rapid-fire tests that could bust the treaty are designed to do so; for some Bush advisers, getting rid of ABM is an end in itself...
...this is the bust," Gramm said, "the boom was sure as hell worth...
...make matters worse, about 40% of the stuff Asia makes for the U.S. is electronics, mainly components like microchips, motherboards and monitors?the parts for the computers that U.S. dotbombs stopped buying after the tech boom went bust. The result is that Asia has been hit with what Arup Raha, chief economist at UBS Warburg in Hong Kong, calls a "double whammy" of depressed U.S. demand for all goods, and a particular slump in electronics, the cornerstone of Asia's new economy. Taiwan's exports plunged nearly 17% in the second quarter. Singapore, South Korea, Thailand and the Philippines...
...well-trained enough to be stolidly materialistic even in glum times like these. Boom or bust, we're soldiering on - leading our lives of quiet desperation and buy whatever gadgets we can to scratch the itch. Even if it means going a gazillion dollars in debt, we'll keep retail sales respectable until the seas boil...
...term is a luxury not every politician can afford. In the House, Bush has his Republican allies pushing for more production and delivering short-lived committee victories, and his Democratic enemies pushing for more conservation but often - as was the case Tuesday - running into conflicts with their desire to bust Bush for busting the budget...