Word: gradualism
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...have crested yet, but it is already having profound effects on U.S. consumers and businesses. The most immediate result is dramatic cuts in the prices of gasoline, heating oil and diesel fuel. When it comes to oil-based products, ranging from plastics to pesticides, the effect will be more gradual and unpredictable. And the saving in the energy-cost component of virtually every kind of manufactured goods will be even more subtle. Ultimately, though, the U.S. is headed for a sweeping shift in the way Americans spend their money, as dollars saved on energy are invested or consumed elsewhere...
...exports too expensive in other countries. But last September finance ministers and central bankers of the U.S. and four other industrial powers--Japan, France, Great Britain and West Germany--launched a successful effort to push down the dollar. It has declined by about 12% since then, first at a gradual pace and now at a fast clip. Last week the dollar plunged to 181 yen, a seven-year low against that currency, and to 2.34 West German marks, a level not seen since...
...confessed on the witness stand to conspiracy charges, and his relentless hammering away at undercover cops on the take established the leitmotivs of his career: the passionate prosecution of public corruption and organized crime. While serving a stint in the Justice Department during the Ford Administration, he completed his gradual metamorphosis from a Robert Kennedy Democrat to a registered Republican...
...think that it will allow for enough flexibility that the changes will be gradual rather than radical. We don't really want highrises all over the place," said Sally R. Alcorn, executive director of the Harvard Square Business Association...
...comes the movement to divest from the Soviet Union, led on campus by the conservative bellwethers over at The Salient, where the gradual onset of Reaganite ennui has provided a healthy indicator of the stagnation and anti-intellectualization of conservative and neo-conservative thought...