Word: cold
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Dates: during 1980-1989
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...only the right person tries for the incoming call--and then he or she actually gets through to the other caller--it is inevitable that the person left `on hold' will be plagued with the nagging certainty that they are begin talked about. As you sit in silence, a cold sweat slowly envelopes your nervous frame and your imagination runs free...
...clench fists and shake hands at the same time. In an era of economic interdependence, they argue, Soviet economic growth could lead to a more sophisticated, more consumer-oriented and ultimately more peaceful U.S.S.R. Some allies resent what they feel is heavy-handed pressure from Washington to keep up cold war suspicions at the precise moment when many nations are working to ease tensions with the Soviet Union...
...financial and business-service industries. Samuel Ehrenhalt, regional commissioner of labor statistics, puts the number of new jobs in the Koch era at 400,000. Openings on Wall Street more than doubled, while New York's traditional manufacturing base was allowed to fade. Now if Wall Street has caught cold, the city may come down with pneumonia. Economist Matthew Drennan of New York University's Graduate School of Public Administration projects that without a market turnaround, 28,000 jobs will be lost in the securities industry and 7,000 in banking, wiping out an equal number, 35,000, in restaurants...
...good many lawmakers were left cold by the compromise. Liberal Democrats complained that the Pentagon reductions were not deep enough (they are less than half of what they would be under Gramm-Rudman). Republicans griped that the package relied too much on taxes. Several critics said the $30.2 billion in estimated savings for fiscal 1988 will hardly make a dent in the deficit for that year, which Congress projects will be $179.9 billion. Senator Bob Packwood, an Oregon Republican, called the budget package a "miserable little pittance." Congressman Newt Gingrich was even more acerbic in his appraisal...
Jacoby blames the dismantling of America's public "intellectual plant" on the linked appeal of security and specialization. Instead of standing in the cold to criticize, writes Jacoby, today's young brains opt for the warm but stifling blanket of academe, where 50,000 positions in 1920 have mushroomed to 700,000, many of them offering the tenured safety of $40,000-plus salaries. On campus, he claims, innovation and creativity have been subordinated to abstruse research, cranked out to satisfy doctoral requirements or a department chairman's notions of what will advance the discipline. As one proof, the author...