Word: expansionism
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Dates: during 1990-1999
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But for all the grandeur of its pictorial rhetoric, Church's work didn't fully express the hot idea of westward expansion within North America--the belief in Manifest Destiny. To convey the image of the Western landscape as glorious and triumphal, the Cinerama devices first used by Church were...
MOSCOW: Practicing his classic style of defensive politics, Boris Yeltsin said Russia?s agreement with NATO may undergo a makeover once he passes the document to the Duma for approval. The Russian parliament, dominated by communists and nationalists, already planned to add a clause declaring the agreement void if former...
Those decades came to ugly conclusions, alas, but this one is likely to be different. Why? Unlike most earlier expansions, which crashed to earth when the Federal Reserve raised interest rates sharply to cool down an overinflating economy, the 1990s-style growth shows few signs of strain. To the contrary...
Under the floorboards, the American economy is thrumming contentedly, warm but not overheated, seven years into a remarkably durable expansion. All the economy's parts seem to be working together for a change: joblessness is under 5%--a 24-year low--yet inflation is holding steady at around 3%, a...
Talk about legs! After six years and counting, the marathon expansion of the U.S. economy is already the country's third longest on record, and many economists expect it to stride right into the 21st century. "This is truly the best business expansion in American history, and it's going...