Word: expansionism
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Dates: during 1980-1989
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He is not alone. The U.S. economy's nearly six-year-old expansion has created so many new jobs (more than 15 million) that numerous companies cannot find people to fill them. The worker shortage extends from chambermaids to nurses' aides, cashiers to engineers. California amusement parks, Connecticut insurance conglomerates...
Demand for workers is most acute in New England, with a 3.3% rate of unemployment. In New Hampshire the figure is 2.3%, the lowest in the U.S. The region's economy has been fueled by military contractors, who benefited from the defense buildup of the early 1980s, and by the...
For the Suffolk County legislature, the correlation proved decisive. Said Michael D'Andre, a Republican who switched his vote to support the bill after hearing about the Kaiser-Permanente study: "That was the real clincher for me. Would you gamble with your child?" Even so, the law almost did not...
Last week the Senate took a sizable step to ease the burden on the Prices and millions of other Americans by passing the Medicare Catastrophic Coverage Act, the most dramatic expansion of federal health insurance since its enactment in 1965. That same day the House derailed a bill that would...
Ford knows that the competition remains formidable and that prosperity in ! the auto business is never assured. Perhaps the greatest danger to the company's momentum is a slowdown in the U.S. economy. At 5 1/2 years, the current expansion is unusually old, and many economists expect a recession to...