Word: explained
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Dates: during 2000-2009
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...addiction is a reflection of ideology run amok and a twisted reading of recent history. Yes, the economy began to pick up when Ronald Reagan offered his famous 1981 tax-reduction plan, but it continued to grow when Reagan raised taxes in 1982 and '83. And how to explain the economic boom of the 1990s? Bill Clinton's tax increases for the wealthy, which were smaller proportionally than Reagan's, certainly didn't seem to dampen the irrational exuberance of the wealthy...
...hero in his native country, Mittal had to move fast last week to counteract attempts in parts of Europe to paint him as a villain. He spent most of the week shuttling in his private jet from European capital to European capital, including three trips to Paris, to explain his motives and promise he wouldn't cut European jobs. Governments have limited formal means to stop the Arcelor deal, as 85% of the company is traded freely on the stock market. Nonetheless, they and labor unions can make life hard for Mittal, who still needs to get E.U. antitrust clearance...
...idea that the President can unilaterally transform legislation that Congress has passed by using a presidential signing statement to explain his actions is outrageous and contrary to the Constitution. No American wants the presidency to have such power...
...athletic attention on a certain sport played on flat fields. "In Italy, if it isn't called soccer, it's hard to get a lot of people interested," says Roberto Grissiotto, a Torino sales manager for an auto-safety manufacturer. This, added to a general Italian nonchalance, may help explain the lukewarm start to ticket sales: some 30% of the 1 million tickets were still available a week before the torch was to be lit. The city has had to tap public utility sponsors and hold a special national lottery to make up a $77 million shortfall resulting from cost...
Summers drew criticism last year for suggesting that “issues of intrinsic aptitude” might explain the under-representation of women on the science faculties of elite universities. But he has long argued that educating girls in the third world should be a top priority. In August 1992, he wrote a paper on the subject entitled, “The Most Influential Investment,” for Scientific American. —Staff writer Nicholas M. Ciarelli can be reached at ciarelli@fas.harvard.edu. —Staff writer Javier C. Hernandez can be reached at jhernand@fas.harvard.edu...