Word: fear
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Dates: during 1990-1999
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...manufacturers are exploiting sweatshop conditions. But the governments of many developing countries see this as an attempt by Washington to protect American jobs at the expense of the Third World poor. With low labor costs often the only competitive advantage many developing countries have in the global economy, they fear that enforcing labor standards will simply expand unemployment in the developing world...
Being unable to answer that question, I am reduced to offering a personal perspective (hence the title of this piece). When I was younger I lived in fear of finding out I was not as smart as I hoped I was. SAT's and IQ tests made me very uneasy. I still become jittery when someone in the room proposes a brainteaser I haven't heard before. That is part of the reason why I chose to attend an American college known for its unwillingness to give students C's. But this plan failed because intelligence is evident only...
...grateful my children are beyond the reach of policies that replace the joy of learning with the fear of failing. As a teacher, I shudder at what the educrats have wrought for America's youth. BETTY RASKOFF KAZMIN Willard, Ohio...
Such attitudes help deflect the hostility that big mergers often arouse. Rightly or wrongly, many communities fear that big mergers equal big layoffs and a loss of control over the local economy to faraway conglomerateurs. Since little mergers usually aim at faster growth and, eventually, more employment, they are usually seen as a positive force in the economy--and that perception seems correct...
What's got the Fed in such a tizzy? Partly, of course, it's the fear of being caught napping; if there's one thing the 20th century has taught us, it's not to display hubris in the face of an apparently diminishing threat. But mostly Washington is worried--again, not for the first time this century--about a domino effect...