Word: dollarization
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Dates: during 1980-1989
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LANGUAGE IS LIKE money. It is an acceptable medium used to communicate and conduct business with others. A five dollar bill is useful because it is always accepted and recognized. Standard English is important, not because it is intrinsically better or more pleasing to the ear than slang, but because--like legal tender--it is universally accepted...
...slogans -- "I'll do it, you'll do it, and everybody will do it" -- is to be taken seriously indeed. Tokyo's Nissan Motor, in an effort to keep the prices of its exported autos low as the value of the yen rises against the U.S. dollar, has launched a major drive to cut costs...
Peretz's pal showed a darker side when he took his Cabinet position. He immediately announced support for a multibillion-dollar cut in student aid, a stance he has strengthened in the past 20 months. Supporters of educational equality jumped on Bennett because they feared a two-tiered system of higher education: Ivy College for the rich, State U. for the poor. This was the same Bill Bennett, who as the head of NEH, had refused to comply with an affirmative action decree from the Equal Employment Opportunity Commission...
...raise the necessary funds by nicking every Government program for an infinitesimal amount. No way, said Senate colleagues; their favorite programs had already been repeatedly trimmed and pared to fit the budget. Senate Majority Leader Robert Dole decided charity was in order: he wanted taxpayers to donate a dollar or two of their tax refunds next year...
...proposal included bans on the import of iron and steel but omitted coal and other important items, like the cancellation of airport landing rights. Congress was in no mood to settle for half a loaf. Reagan's offer, said a Lugar aide, was "a day late and a dollar short...