Word: deepening
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...Leonard is also an awesome finisher, a man who exploits without compunction an opponent's weakness, punches mercilessly when he sees an opportunity to put his foe down, and turns loose a remorseless killer instinct. That seriousness of purpose seemed to deepen last year after Leonard suffered the only loss of his professional career, to Roberto Duran. At their rematch five months later, Leonard was a study in cold fury...
Madrid's refusal to reform the police in the Basque country can only deepen the sense of alienation. Indeed, some conspiratorially minded Basques already believe that the ETA terrorists and the Spanish police have developed an almost symbiotic relationship, each helping the other to hold back the further progress of democracy in Spain. Says Arzallus: "I am convinced that some sectors in Madrid find ETA's existence convenient...
Thus Democratic opposition is focusing on Reagan's tax cuts, which even many of the conservatives fear will deepen inflationary deficits. Illinois Democrat Daniel Rostenkowski, chairman of the tax-writing Ways and Means Committee, went so far last week as to proclaim Reagan's tax program dead. He counseled the G.O.P. to cooperate in devising a compromise measure to reduce taxes less broadly and deeply, for one year only. That drew a threat from Stockman, after a White House meeting, that Reagan would veto such a measure. The outlook today is much what it has been from...
...President is also taking a long chance that the deep tax cuts he wants will prompt savings, investment and hard work, and thus healthy economic growth. They could instead deepen deficits, lead to a consumer buying spree, or both; either would make inflation worse...
...Middle East, unemployment in Europe will climb and torrid inflation will cool only slightly. To rein in rising prices, governments have resorted to traditional tactics, in particular sharply slowing the growth of their money supplies. The result is, however, an international war of high interest rates that threatens to deepen and prolong the economic malaise. Says Hans Mast, executive vice president of Switzerland's Credit Suisse: "There is no mistaking that the world is moving into perhaps its most difficult phase since World War II, and governments cannot do very much about it. After three decades of Keynesianism...