Word: chasms
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Dates: during 1990-1999
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WITH THE END of the Cold War and a sluggish economy, middle class Americans have turned their attention to their declining standard of living. Unfortunately, the ignored phrases from 1988 about the growing chasm between rich and poor are only now receiving a proper hearing...
Steinem: I don't want to sound like a complaining author, but there is a chasm between the important reviews and the popular response. What I wrote as a strengthening of self-authority, some reviewers called weakness -- even a retreat from activism. At first, I was very hurt, but then I realized it was partly their wishful thinking...
Western advisers and East European free-marketeers often reply with metaphors: You can't cross a chasm in two jumps; you don't slow down when driving through deep mud. But now slowing down is exactly what some populist politicians in the East want to do. To ease the frightening burden on their citizens, some politicians and economists advocate government action that will keep afloat giant state enterprises, such as steel and textile mills, which have suffered especially deep drops in production and endured the heaviest layoffs. But renewed subsidies would only prolong the economic agony by keeping inefficient dinosaurs...
...standards and values as the sensational tabloids sold in supermarkets. After the editors got over their astonishment that anyone would pose such a question, they responded with overwhelming denial. No rational adult, their reasoning went, would take such twaddle seriously as a source of news. Beatty responded that the chasm between serious reportage and junk journalism, so vast in the editors' minds, was far narrower in the minds of consumers -- and in the reality of what gets printed by the mainstream press in an ever more gossip-oriented age. Asked Beatty: "Do you think that the public knows that...
There are no half steps in Sachs' world. He says that a gradualist approach of introducing limited market reforms into a centralized system, as Gorbachev tried for years, is doomed to failure. Sachs frequently cites the old Russian maxim that you cannot cross a chasm in two jumps...