Word: expanding
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Dates: during 1980-1989
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This is by no means a call for isolationism. The West must expand trade and undertake a meaningful dialogue with the Eastern Bloc if it is to have any positive influence at all. Ultimately, though tangible reform will only come from within. Solidarity is proof that the peoples of Eastern Europe are beginning to openly reject their system; it is tragic that it was a movement born perhaps a generation too soon...
...public's dismay over an economy that is not working very well. For the time being, that may prove to be good politics. Certainly, if the economy does not begin to correct itself as next November's congressional elections approach, the pressure on Volcker to expand the money supply will increase sharply. In the end, though, the level of inflation and interest rates will be strongly influenced by the size of the federal deficit. That is a problem that will not go away no matter how much politicians harass and harangue the Federal Reserve chairman...
...public's capacity to consume (factory pay rose less than 20%). The collapse of the overinflated stock market therefore started a downward spiral in both demand and the ability to pay. Conservative economists like Milton Friedman, on the other hand, blame the Federal Reserve System for failing to expand the money supply sufficiently in the wake of the stock market crash...
...obstacles stand in the commander's way. By the conventional wisdom of counterinsurgency, where a 10-to-1 superiority of conventional forces is necessary to defeat guerrilla groups, the 14,000-member Guatemalan army will not be large enough to do the job. Lucas talks of expanding his forces to 50,000, a costly chore. The army is also short of such critical items as helicopters and spare parts. Substantial help is unlikely to come from the U.S., despite the Reagan Administration's desire to halt Marxist expansion in Central America. Already concerned about Guatemala's human...
...leverage city officials gained with the passage of an anti-expansion ordinance that for the first time in 340 years restricts University growth. Under the law, if Harvard wishes to expand in the future it will need the permission of local government; "it will mean the end of business as usual" for the University, councilor David Sullivan predicted before the law passed, and he and others have said since that the timing of Harvard's rapprochement with local residents is not coincidental...