Word: downturn
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...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...
...recession. It was a national mentality. It gave meaning to American politics and drove popular culture. From Tom Harkin's government works projects ideas to popular support for tax cuts (and even throwing out the weighty tax system), the recession was not limited to being a small, temporary downturn in the business cycle. God no! It was the fucking Great Depression all over again. It was Heaven's judgement on the United States. Government was supposed to stop everything and end the recession--no, not the recession: the RECESSION...
...thinking was that American's fundamental moral character changed spontaneously in 1980 and the recession was a JUDGEMENT FROM GOD on us for our sins. It was a penance for greed a la Reagan and Boesky. It was not just a downturn in the country's real GNP--no, no, no. If we were better people, it would never have happened...
...recession, however, were the Japanese--all of them collectively. They became one entity (referred to by Newsweek as "Japan,Inc.") out for the sole purpose of screwing over the USA. The USA, you see, didn't lose jobs because that's what happens in every natural economic downturn. No, we were exporting them to Japan Free trade is fine if you're a fuddy duddy economist trapped in an ivory tower, but for real people in the real world the catch phrase was (and is) "Buy American." Economists might have studies and data, but they don't truly understand...
...recession cuts both ways for area businesses. While the number of pages dedicated to advertisements has declined during the recession, the economic downturn has also created a window of opportunity for those businesses able to invest more in their ad budgets...