Word: downturned
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Dates: during 1990-1999
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...Presidents of the United States of America that have thrived on video exposure. "What MTV does is both lead and reflect what's going on out there," says MTV programming director Andy Schuon. Some observers partly blame the channel's haste to introduce new acts for the current industry downturn. "MTV often breaks acts too quickly," says a lawyer for several well-known pop acts. "As a result, bands don't have the fan base they would normally develop by touring--they don't have a chance to build an audience. MTV also burns out its acts. They take alternative...
Could dole have run differently? Was victory ever in the cards? Perhaps if he had been himself, the difference too few Americans perceived may have resonated more profoundly. At each downturn in his fortunes, Dole promised that "from now on, you'll see the real Bob Dole." In retrospect it seems that the real Bob Dole emerged only once: when he resigned from the Senate. It was a moment when he could have tacked many ways. He was fond of saying that "in a record of more than 12,000 votes, you can make a case for just about anything...
McNally said that contrary to popular belief, American theater is not on a downturn...
...Most economists warn that the cost of returning to a gold-based currency could be enormous. Monetary authorities may be forced to raise interest rates even in the midst of a recession to encourage dollar purchases needed to defend the dollar's fixed value. The result? A mild business downturn could spiral into something far worse. Sticking with the gold standard in this situation would be the economic equivalent of a pilot's refusing, upon seeing a collision ahead, to take the plane off autopilot...
...President Clinton's re-election chances even as his stock rises on the strength of his well-received State of the Union address. "The theory is that there aren't any bad economies in an election year because governments will find short-term solutions to put off a downturn until after the election," says TIME's William McWhirter. "But this time the government might not be able to do this." Speculators are already counting on a dose of pump-priming. The Dow soared 76 points Tuesday on expectations that the Federal Reserve would lower interest rates in an attempt...