Word: deficits
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Dates: during 1980-1989
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Most experts thought it did not work. The dollar fell without creating a recession, but America's trade deficit has barely declined. "Come on," argues Baker, whose tolerance for criticism is not his strongest suit. "Can you imagine where we'd be today on the trade deficit if the Plaza process hadn't begun...
Playing at number-one, Holleran lost to freshman Berkley Belknap, 3-0. Morrisey rallied from a two-game deficit to defeat Kerry Clayton...
...first inflation report since the change in administrations brought no good news for President Bush, who just a day earlier unveiled budget and deficit-reduction plans pinned on optimistic assumptions for falling inflation and a strong overall economic performance...
...recent weeks legislative leaders have criticized the administration's proposed $13.4 billion fiscal 1990 budget--especially the governor's controversial $604 million tax hike proposal--as excessive at a time when the state faces a $636 million deficit...
...merely made research more difficult in this crucial field. A 1987 report by the National Academy of Sciences estimated that the current level of export controls cost the economy 188,000 jobs and $9 billion a year and was a major factor contributing to the nation's record trade deficit...