Word: feds
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Dates: during 1980-1989
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Power arrived on Jan. 30, 1933. The unknown at 30 was named Chancellor of Germany at 43. From the beginning the Third Reich was a reflection of its new Fuhrer. Hitler's triumphs should have increased his confidence. Instead they fed his paranoia. Rohm and his followers were purged and murdered. The nation's most original minds were exiled to a concentration-camp universe from which few returned. Military tactics that demanded objectivity were decided for personal reasons. Friends who came upon the Fuhrer secretly reading with the aid of spectacles were told, "You see, I need glasses...
...city has lost 800,000 people since the 1950s, and is scarred by 12,000 or more empty buildings. Every year about 2,000 additional structures are abandoned to rats, crack dealers, vagrants and vandals. In July three angry residents of Grayfield Street in northwest Detroit, fed up with the eyesores on their block, took matters into their own hands. With sledgehammers and axes they hacked down two abandoned, vermin-infested buildings...
Yard brushes off the criticism as so much "inside-the-Beltway mentality from people too closely tied to the Democratic Party establishment." Though she complains that she is "fed up" with both Republicans and Democrats, Yard has toned down NOW's third-party talk, insisting that all she has done is set up a commission to study the idea, a frequent inside-the-Beltway prelude to deep-sixing...
...will be followed by renewed growth, a scenario that has them searching for metaphors. David Hale, chief economist of Chicago's Kemper Financial Services, characterizes the slowdown as an "output pause." Geoffrey Moore, an economics professor at Columbia University, talks of a "stutter step." Economist Lyle Gramley, a former Fed governor, says that by late 1990 the slowdown may be followed by a period of "economic refreshment...
...Fed Chairman Alan Greenspan acknowledges the threat of a recession and Detroit faces slumping car sales, economists debate how painful the slowdown may become...