Word: crunched
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Dates: during 1980-1989
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...Monetarists have long advocated steady money growth as a way of guarding against inflation. A leading contender in this camp is Wayne Angell, an economics professor at Ottawa University in Kansas. Angell, whose nomination has been urged by Kansas Senator Robert Dole, has a firsthand understanding of the credit crunch in the farm belt. He is a part-time farmer, and, together with his brother, owns a small bank in Pleasanton, Kans., and a second in Hume...
Around 700 people a day are now moving into Florida, and the state is caught in an inexorable conflict between progress and indigestion. At Boot Key, almost everyone decided the crunch had caught them. "All he had to do was tell us what he was planning," said a former regular Tuesday afternoon bridge player. "But not only could we not get a commitment, we felt intimidated." The camaraderie of a community had been destroyed. The exodus began...
Richard D. Jaeger, director of admissions at Dartmouth College, said that because of the new mailing date officials there "wer not able to do the fine tuning and screening" of admission candidates they had done in past years. "We are really feeling the crunch this year" he added...
...project's 700-space derground garage is expected to help alleviate the parking crunch in the Square. The facility was included partly as a concessions to the development's opponents...
...competing more and more intensely with the Government for the limited pool of private savings, and that could put upward pressure on interest rates. So far, only the influx of foreign money, which amounted to $62 billion in the first three quarters of last year, has prevented a crunch. Perhaps the most sinister aspect of the budget deficit is that its effects are gradual and masked by the general prosperity. "Deficits are not explosive," said Heller. "They are corrosive." Most disturbing, the U.S. will become a debtor nation this year for the first time since 1917. Peter Peterson, former chairman...