Word: deepening
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Trudeau looks to the U.S. as his economic problems deepen...
...attend armed with a critical eat and a spate of good questions. For those planning to go in order to find controversy, I expect you may be disappointed, for all the speakers support the same solution. For those planning to go in order to further or expand or deepen you understanding of the Middle East, don't waste your time. Laura B. Wharton...
...million tons under the 1981 level of 6.5 million tons. Any further move toward protectionism would almost surely destroy more jobs than it would save by provoking foreign retaliation that would crimp American exports-now 12% of the gross national product-and by impeding world trade enough to deepen the worldwide recession...
...chairman of the Joint Economic Committee: "Our streets, schools, water systems, ports, railroads are falling apart. That's what F.D.R. was up against 50 years ago. Then the Government rolled up its sleeves and found jobs for people." True enough, but heavy spending on public works now would deepen the already alarming deficits. Other Democrats assail Reagan's cuts in such social programs as food stamps, welfare and student loans, implying that were they in control they would spend more. But where the money would come from is a subject they usually avoid...
...litter, the rising if still distant threat of reunification has hit like a typhoon. After Thatcher's visit, share prices on Hong Kong's stock market crashed 21% last week, while the Hong Kong dollar dropped by 4½%to U.S. $0.16, a new low. To deepen the gloom, Hong Kong's Financial Secretary, John Bremridge, announced last week that the colony's economy has been faring far worse this year than expected. Real economic growth will measure only 4%; it was 11% in 1981. Exports of goods produced in Hong Kong will decline...