Word: dried
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Dates: during 1990-1999
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...starters, many economists doubt that huge tax cuts make sense at a time when the U.S. economy is running flat out after nearly nine years of expansion. Slashing taxes now "seems a little odd," says Cynthia Latta, principal U.S. economist for Standard & Poor's DRI. "Its support comes from the assumption that if [the surplus] is not handed back to taxpayers, the government will just use it for more programs." Latta's fellow critics include Federal Reserve Chairman Alan Greenspan, who warned last week that "the timing is not right" for the House measure, which calls for a 10% across...
Noting that the U.S. until now has enjoyed a "Goldilocks economy"--not too hot, not too cold, just right--David Wyss, chief economist of Standard & Poor's DRI, the economic-consulting firm, poses this question: "Will the bears eat Goldilocks?" (As in the fairy tale, there are three bears--the Asian, Russian and Wall Street varieties.) His answer: It's a toss-up. Right now Wyss sees a fifty-fifty chance of an outright recession before the end of the year 2000. Wyss would have shifted the odds to favor recession if the Federal Reserve had continued to hold...
...period a year ago. "Asia is unpredictable," says Allen Sinai, chief global economist for Primark Decision Economics. "I can't guarantee that there will be no recession in the U.S. next year because no one can be sure about Asia." Observes David Wyss, chief economist for Standard & Poor's DRI: "Asia scares...
...fears of inflation, but inflation has been dormant all year, thanks at least partly to the Federal Reserve's vigilance. "What's going on with interest rates is more a scarcity of credit than a big rise in inflation expectations," maintains Roger Brinner, chief economist for the consulting firm DRI...
...scientists studied HLA-DRI, a protein which triggers immune responses by binding to foreign molecules and delivering them to T cells designed to attack invaders...