Word: expansionism
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Dates: during 1980-1989
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Galbraith said that monetary policies have increased the value of the dollar abroad, causing a huge trade imbalance. This imbalance has offset the expansion caused by the government's deficit spending, he said.
"There's a difference between talk and performance," Dukakis replied, citing his support for presumptive sentencing and the expansion of state prison space. He said the King administration, despite its rhetoric about tough criminal justice policies, had permitted the state's crime rate to "skyrocket."
The U.S. semiconductor business has seen slowdowns before, but the current struggle has been the worst yet. The problem has its roots partly in the electronics boom of the early 1980s, when sales of products ranging from personal computers to video games created intense demand for chips. Semiconductor makers in...
In yesterday's second game at Soldiers Field, Adams/Mather defeated the expansion Currier squad, 14-8, for its first win of the young season. But Currier (0-1) was by no means distraught over the outcome.
Only a few years ago, Merrill Lynch led a stampede by Wall Street investment + firms to create "financial supermarkets" that would allow customers to shop under one roof for everything from money-market funds and individual retirement accounts to life insurance and home mortgages. One of Merrill Lynch's boldest...