Word: downturn
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...Clinton's biggest concerns will be the global nature of the economic slump he must confront. With unemployment stuck above 7%, the U.S. desperately needs vigorous exports to put people back to work. But Europe too is mired in a downturn, and the collapse of Japan's financial and real estate markets has left that economic superpower reeling. "There's no way the economies of Europe and Japan can provide an engine of economic growth for the U.S.," says Barry Bosworth, an economist at the Brookings Institution. "Clinton will not be bailed out by a strong expansion overseas...
...capable of change, and to mount the defense that his weak economic performance has been the result of bad advice. To be sure, his advisers admit mistakes, particularly in failing (as did most economists) to see that the recession that began in 1990 would fester longer than the average downturn...
...Muhammad, there are two kinds of Jews. The first kind are to blame for the downturn in Black-Jewish relations. "The problem," Muhammad said, "seems to be a segment of Jewish people who have a lot of influence and power," like the Anti-Defamation League (ADL) of B'nai Brith...
...downturn in the economy has brought a lot of these cases to light," said McMullin. "People failed to make payments showing that fraud had occurred...
...kickoff will likely occur in the midst of a continuing national eco- Snomic downturn and in the wake of severalwidely-publicized financial scandals at thenation's elite universities...