Word: deficits
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Dates: during 1980-1989
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...dollar comes down from its recent flight of fancy, will the fall be dangerously fast? Only a month ago, the currency was rising so relentlessly that economists were concerned that its strength would worsen the trade deficit by making U.S. exports too costly. That fear seemed misplaced last week as the dollar plunged to a level some 7.5% below its mid-June highs, closing the week at 1.87 deutsche marks...
...Fallows' suggestion for reducing the federal budget deficit--reducing social security payments to the middle-class elderly--would simply remove middle class support from what has been the most popular of federal programs. The change would be so politically suicidal that it is hard to imagine an elected official ever sponsoring such legislation...
...separation of church and state, the bill would issue vouchers to parents for use in day-care centers that offer religious instruction. To win the support of Republican Senators, ABC would create a tax credit for the costs of care and child health insurance, adding to the federal deficit as much as $10.3 billion in lost tax revenues in five years...
...fuel was widely available, and gas stations would probably not install methanol pumps until large numbers of cars using that fuel were roaming the roads. Moreover, Bush ducked the single most effective device for lowering gasoline usage: a hefty gas tax, which would also serve to reduce the deficit...
...think then I have a chance against Steffi. Plus, look what Monica did." Monica Seles, a two-fisted Yugoslav giggler, every bit of 15, terrified Graf in their three-set semifinal. "That gave me hope," said Sanchez, who came back in the championship match from a 3-5 deficit in the final set to win the last four games and Spain's only women's title. (Poor, dilapidated old Steffi dropped her first major trophy in a year and a half and, four days later, turned...