Word: digit
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Dates: during 1980-1989
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...Producer Price Index for finished goods had risen 4 percent during 1988, the steepest climb in seven Years and nearly double the 2.2 percent increase posted in 1987. Many private economists expect further increases this year, although not at the double-digit levels that plagued the nation...
...eight years, as chairman of the Federal Reserve Board, Paul Volcker was perhaps the second most powerful man in Washington. There were no doubt times, as he squeezed the money supply and cost people jobs in his battle against double-digit inflation, when he was also one of the most unpopular. Volcker, 61, devoted more than three decades to public service; his first appointment after leaving Government in 1987 was as unpaid chairman of the National Commission on the Public Service, a private group trying to improve the lot of the nation's civil servants. Now, as chairman...
When Israeli Labor Party leader Shimon Peres traded the foreign affairs portfolio for the Finance Ministry, he also traded headaches: curing the country's ailing economy won't be much easier than making peace. Israel's highly socialized economy suffers from double-digit inflation, lagging exports, shrunken tourism and the high cost of dealing with the Palestinian uprising. Last week Peres set off a storm of protest when he unveiled an austerity plan that affronted many, including members of his own party...
...with a master touch. And the master, the suave manipulator, is Alan Parker. By avocation he is a caricaturist, and by vocation too. He chooses gross faces, grand subjects, base motives, all for immediate impact. The redneck conspirators are drawn as goofy genetic trash: there's not a three-digit IQ in the lot, not a chin in a carload. These are not bad men -- they're baaaad guys. And the blacks are better than good; their faces reveal them as martyrs, sanctified by centuries of suffering. Caricature is a fine dramatic tradition, when you have two hours to tell...
...standard of living for many Americans. Prices of all imported goods will rise, as will those of many American goods whose producers see a way to increase profits and still compete. According to Thurow, there would be a serious risk of the United States heading "back to double-digit inflation" and suffering "a noticeable reduction in the American standard of living...