Word: cured
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Blueprint 2000 is no "cure-all" for the state's problems, said Murphy's policy director, Christopher Scott, "but we can offer recommendations to solve them--we want to avoid trade-offs between health care and education...
Encourage consumers to save. If Americans increased their savings rate (only 4% of disposable income last year, vs. nearly 17% in Japan), they would spend less money on foreign imports and help cure the trade deficit. Moreover, an expansion of America's paltry savings pool would help reduce U.S. dependence on foreign financing. One proposal for bringing that about: a progressive consumption tax. This kind of levy would work like a national sales tax, but be progressive in the sense that it would exempt necessities (food, housing, medicine, clothing) to avoid putting an undue burden on low-income citizens. Former...
President Raul Alfonsin was determined to be convincing. "A time bomb," he declared, "is planted in the middle of Argentine society." In a 30-minute television address last week, Alfonsin resorted to such dire imagery to convey a sense of emergency and justify a drastic new austerity program. To cure the country's economic ills -- runaway inflation of more than 100% so far this year, a foreign-debt burden of $55 billion and a current budget deficit of $5.6 billion -- the President offered a radical prescription: wage-price freezes, tax increases for middle- and upper-income earners and a currency...
...failed to improve as much as investors had hoped: the imbalance between imports and exports fell from the record $16.5 billion in July, but only to $15.7 billion in August. Investors concluded that if a 30% drop in the dollar over the past two years has failed to help cure U.S. trade problems, then perhaps the currency would have to fall further. And any greater drop, they reasoned, would surely aggravate U.S. inflation and interest rates...
Only Ben Kingsley, who makes a brief turn as the American hypnotist/therapist Maurice consults in hope of a "cure" for his homosexuality, seems as if he's perfectly settled into his role. With his ridiculous advice to Maurice--"go take some exercise, go stroll around with a gun"--Kingsley's Doctor injects a less solemn note into a movie that could really use some gaiety...