Word: cente
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Dates: during 1980-1989
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University officials said in November that, due mainly to inflation, they expect increases of 12 to 15 per cent above last year's total of $10,540, boosting the cost for a year at the College above...
...into the New Deal coalition by convincing traditionally Democratic workers that the Republicans had turned over a new leaf--that they were no longer the party of fight money, but of full employment. In 1980, that strategy worked: Reagan's share of un-ionized voters was about 43 per cent, dwarfing Gerald Ford's 30 per cent...
...depression. They are a part of the visual heritage of the Great Depresssion that has survived into the 1980s. They confirm that a new depression is crushing industrial America and industrial workers. In Detroit, the depression stems from the collapse of the automotive industry, which has lost 10 per cent of its market to Japanese competitors over the last three years...
...Detroit's plight only varies in kind from that of other ailing Northern cities. In Akron, the sick industry is tires; in Gary and Baltimore, steel; and everywhere, construction. This depression in heavy industry has triggered a spectacular rise in the unemployment rate from 7 per cent in July to 8.9 per cent in December. Unemployment in basic durable goods manufacturing as a whole stands at 11.8 per cent; in the automotive industry, at 21.7 per cent. So it should come as no surprise that two heavily industrialized states now boast unemployment figures in the Great Depression neighborhood: Michigan...
Such distress is inevitably politically devastating; just ask defeated presidents Gerald Ford or Jimmy Carter, both of whom were done in by blue-collar unemployment. Blue-collar unemployment under Ford hit 11.7 per cent, lingering at 9.4 per cent on election day. Under Carter, the figure rose from 6.9 per cent in 1979 to 8.9 per cent for the first five months of 1980. Ronald Reagan doesn't face the voters for two and a half years, but unemployment highs under him already exceed marks of his two ill-fated predecessors. The severity of the nation's economic crisis threatens...