Word: curbed
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Dates: during 1980-1989
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Save for the celluloid immortality enjoyed by a few of the residents here, they are all, of course, as defenseless against decline as any other aged flesh and mind: the tolerance is gone for noise, harsh light, the unexpected; a sidewalk curb is no more easily managed than an escarpment. But it is different in here. There isn't, for example, the palpable sadness that is so striking in other institutions where people are growing very old. It isn't happy all the time, exactly, but neither is the air so thick with loneliness, to say nothing...
...conspiring to destroy America. We are attempting to do precisely the reverse: We are affirming the values which you have instilled in us and taught us to respect...You have given us our visions and then asked us to curb them...You have made us idealists and then told us to go slowly...[A]llow us to realize the very values which you have held forth...
Such invective now confronts the Reagan Administration, which came to power brandishing exceptionally strong economic convictions. The Reagan program consisted of four parts, which newsmen quickly dubbed Reaganomics. These consisted of supply-side tax cuts, reductions in federal spending, moves toward deregulation, and a monetarist tight-money policy to curb inflation. Reaganomics did cut inflation sharply, lowering the annual rate of increase in the Consumer Price Index from 12.4% in 1980 to a current level of less than...
...structure in Lincoln Center. He won his argument, and the company journeyed north in 1966. But following a feud with Rudolf Bing, the Met's impresario from 1950 to 1972, he was pushed aside as board president. When Bing's successor, Schuyler Chapin, failed to curb the escalating deficits, Bliss was brought in as a salaried executive to put the house in order...
Ultimately, of course, too much money can wind up being as damaging to an economy as too little. While the Fed walks the razor's edge between economic collapse and runaway inflation, it badly needs the support of both the Congress and the Administration to curb spending, chop the deficit and prevent the nation's current economic troubles, and the bond market's jitters, from turning into something far worse. -By Christopher Byron. Reported by David Beckwith/Washington and Frederick Ungeheuer/New York