Word: grossness
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...shameless accumulation, we seem to have lost sight of the fact that $800 is a hell of a lot of money to most people. For the more than 7 million Americans who work for the minimum wage, it's considerably more than a month's gross earnings...
While economists may be more open to peaceful coexistence, they still tend to form battle lines over the importance of the budget deficits. Some economists contend that the deficit is no longer a menace because it has shrunk from more than 6% of the gross national product in 1983 to about 3% right now. That is lower than the level of deficit spending during 1975-76, for example, when the gap was widened by a recession. Friedman says he accepts the deficit because it has restrained federal spending. "Sometimes you have to choose the lesser of two evils," he says...
...many worthwhile non-military programs languish in funding obscurity, the military programs have continued to receive more than their fair share of scarce budgetary resources. Current budget deficits exceed $150 million because of these military expenditures. In fact, Reagan has mortgaged the future prosperity of America by tripling the gross national debt. While his subordinates would have us believe that Congress is responsible for these deficits, it is the President who has always submitted unbalanced budgets--and he, therefore, who should accept the blame...
Jordan's appeal shines through on the bottom line: he may be the biggest draw in professional sports. Since he entered the NBA after helping the U.S. basketball team win the Olympic gold medal in 1984, the association's gross revenues have nearly doubled, to $300 million, and average attendance is up . nearly 4,000 seats a game, to 13,420. At home the Bulls sold out more games over the past 18 months than they had during their entire 22-year history. In a sport that too often becomes sheer drudgery -- the season begins around Halloween...
...economists forecast that the U.S. gross national product, after adjustment for inflation, will grow a poky 2.3% in 1989, down from an estimated 2.8% last year. The economy will slow as the Fed's tightening grip on the money supply pushes up interest rates. At a growth rate of about 2% or less, most economists think the U.S. can expand without getting out of balance. "This is a slowdown the Fed can be happy with," says David Wyss, chief financial economist for Data Resources...