Word: expansionism
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Dates: during 1990-1999
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"Expansion of incomes and wealth has been truly impressive though regrettably the gains have not been as widely spread across households as I would like," he said.
About 70 miles east of Pittsburgh, Laurel Highlands is a prison and a nursing home rolled into one for people like Bedarka. For the sickest of the sick, there is the 85-bed long-term-care unit, staffed by 48 nurses around the clock. In a dayroom, half a dozen...
Originally the brainchild of Thomas Krens, then head of the nearby Williams College Museum of Art and currently the expansion-minded director of the Guggenheim, Mass MoCA was supposed to be a big splashy gallery, similar in concept to the Guggenheim in Bilbao. The same architect, Frank Gehry, and other...
But the early reaction to the study that put him there--"Area Economic Conditions and the Labor Market Outcomes of Young Men in the 1990s Expansion"--seems to indicate his work will continue to be in the public eye.
He has been credited with engineering, or at least preserving, the current American economic expansion. Markets tremble and plunge at a mere phrase from him.