Word: detroit
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Dates: during 1980-1989
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Thanks in part to less Japanese competition, Detroit's automakers climbed out of the grim trough of recession. They earned profits of $9.8 billion in 1984, vs. a loss of $4.2 billion in 1980. Last year the carmakers' sales rebounded to 7.9 million cars, vs. a paltry 5.7 million in 1982. In his announcement, the President complimented Detroit's automakers on their "improved performance." Allowing the Japanese controls to come off seemed to make no sense to most Detroit auto executives. Said Chrysler Chairman Lee Iacocca: "This is a sad day for America--for American workers and American jobs...
...flexibility playing for the Buffalo Junior Sabres, a club team with 60-game seasons. And that's also where he got his introduction to Harvard hockey, because future teammate Jerry Pawloski played for a club team in Detroit...
...White House, the controls have outlived their usefulness. Detroit's automakers, which lost $4.2 billion in 1980, had profits of $6.3 billion in 1983 and nearly $10 billion in 1984. Sales last year reached 7.9 million cars, vs. 5.7 million in 1982. The agreements limited Japanese imports to about 20% of the U.S. market. When the imported cars became scarce, prices rose. The cost of the Nissan Maxima in the U.S. went up 30.1%, the Toyota Cressida 35.1%. The restrictions may have saved 44,000 U.S. jobs, but, says the study, they cost U.S. consumers more than $1 billion...
...most people, losing a wallet is an annoying inconvenience. For Terry Dean Rogan, it was shattering. Rogan, 27, misplaced his billfold in the Detroit area in January 1981. The following year a man, apparently using Rogan's identity cards, was linked to two murders and two robberies in Los Angeles, and a warrant in Rogan's name was entered into the FBI's National Crime Information Center (NCIC) computer network. In the next 14 months, Rogan was arrested and jailed five times in Michigan and Texas, usually after police had first stopped him for traffic violations...
...displacement of a white male. Says Judy Goldsmith, president of the National Organization for Women: "The Memphis decision has had very little effect because it did not attack the philosophy of affirmative action." A few weeks after Stotts, for instance, a federal judge ordered the city of Detroit to rehire 1,000 (mostly black) police officers, many of whom had been hired originally under an affirmative action program but were then laid off during an austerity move. Even in Memphis, the fire department continues to abide by goals stipulating that half of those hired and 20% of those promoted should...