Word: expansionism
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Dates: during 1990-1999
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A slump would bring an end to a record peacetime expansion that has endured + for more than 7 1/2 years. In Washington the normally bullish U.S. Chamber of Commerce added its voice to the growing chorus of recession forecasters last week. Said Richard Rahn, the group's chief economist: "We...
Government officials have often spurned complaints from low-income residents about the hazards posed by landfills and incinerators. To bolster their credibility, waste-management firms have hired dozens of former officials of the federal Environmental Protection Agency and private conservation groups. Former EPA chief William Ruckelshaus, for example, is now...
Most Denver residents welcome the 52-sq.-mi. project, not only to ease air- traffic congestion but also to provide an economic stimulant to a city that has been nearly paralyzed since the oil bust of the mid- 1980s. When Pena first ran for office in 1983, he opposed the...
But alongside that highly industrialized Brazil lives another, desperately poor country where 70% of the 150 million citizens live in poverty. That is the legacy of the chronic overspending that began in the 1970s when military rulers borrowed heavily from Western banks to cope with spiraling petroleum prices and to...
Last year Minnetonka, the parent company of Calvin Klein cosmetics, was sold, and Burns found herself more responsive to Leonard Lauder's five-year professional courtship to join the family-owned, $2 billion-a-year business. The wooing had been fun on an international scale -- the occasional lunch in the...