Word: generality
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...reason is fear that gargantuan budget and trade deficits may yet cause prosperity to fizzle. But there is also a feeling that something is wrong with the boom, that general prosperity is not bringing as much of the good life as the rosy numbers indicate. Though the wealthy are doing noticeably better, - most middle-class Americans feel squeezed. They are struggling harder -- and often depending on two incomes when one sufficed for their parents -- to pay for housing, tuition and other expenses that have gone up much faster than inflation...
Jobs are vital, as both candidates assert. But they need to be pressed to ! say how they would produce them. Economic growth is not enough: even in times of general prosperity, large pockets of Underclass poverty persist. A new agency is needed, a revitalized Jobs Corps along the lines of a Work Projects Administration, targeted exclusively at the inner-city unemployed. One cause of the widespread unemployment in inner cities is deindustrialization: the dying out of smokestack industries and their replacement by service industries often located in the suburbs. In the cities, there is a mismatch between skills and opportunities...
...frenzy by ordering a classic economic dampdown. Beijing temporarily closed some banks to halt withdrawals, limited the size of some retail purchases and raised interest rates to soak up some of the money that the country has been printing at a record rate. Moreover, the Politburo, headed by party General Secretary Zhao Ziyang, Deng's handpicked heir apparent and a firm advocate of reforms, decided to abandon further price decontrols this year. Even Deng appeared chastened by the eruption. Said he: "We have been bold enough...
...should Third World debt be reduced? At the World Bank-IMF meeting, the Japanese presented a general plan. Borrowers would exchange some loans for long-term bonds, unofficially dubbed "junk debt." Interest on those notes would be guaranteed by special funds set up by the IMF, although the money would come from the debtor countries. Remaining commercial bank debt would be rescheduled. Brady, in what was seen as an attack on the plan, suggested that the Japanese proposal would transfer private debt to the public sector -- that is, to taxpayers -- since the notes would be insured by an IMF-administered...
...after a prodemocracy march by fiercely nationalistic Haitians turned into an anti- American protest and a rally for Paul. At 10:30 p.m. last Friday, a televised bulletin announced that Paul had retired from the army with a pension of $960 a month. Paul negotiated the agreement with Lieut. General Prosper Avril, his 1961 classmate at Haiti's military academy, who is now President of the country. Lieut. Colonel Guy Francois, Paul's U.S.-trained second-in-command, was named to succeed him as head of the Dessalines barracks...