Word: grossness
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Dates: during 1980-1989
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...deep cuts in spending and taxes-made the stagnation of the economy all the more worrisome to those in his Administration. For intruding into the President's vision of success is a devastating 8.9% unemployment rate and a deep recession reflected by a 5.2% annual drop in the gross national product for the past quarter...
...year election of 1934, adding nine seats to their House majority of 310 and nine to their Senate majority of 60. But the auguries for 1936 were ambiguous. Roosevelt could point to real gains in his first term: unemployment had been cut by 2 million since 1932, and the gross national product had increased by about 40%. Renominated by acclamation, he declared in a campaign speech that the "forces of selfishness and of lust for power" had met their match during his first term and would now meet "their master...
...looked back on the New Deal and declared that "the panaceas that were offered didn't solve the problems." And while Roosevelt thought he was waging war against fascism, Reagan declared that the "government-directed economy" of Fascist Italy "was really the basis of the New Deal." ("A gross distortion of history," Schlesinger angrily retorted when Reagan repeated that charge last month...
Figures released last week gave no sign of an early end to the business slump that is now seven months old. The Commerce Department reported that the gross national product fell at a steep 5.2% annual rate during the last three months of 1981, the biggest drop since the 9.9% decline during the second quarter of 1980. In the construction industry, one of the hardest-hit sectors of the economy, housing starts last year were at an annual rate of only 1.1 million, the lowest in 35 years. Early signs for 1982 are not much more encouraging. Treasury Secretary Donald...
...report on the shock, sometimes comic, of working out new support systems-from how to balance the family checkbook, to finding a new doctor or dentist, to simply lugging the family silver back and forth to have it on hand for dinner parties in both cities. Says Harriet Engel Gross of Governors State University, one of the sociologists who study commuter marriages: "The decision to live apart produces a life-style that is difficult at best, endured in the service of career or other goals, but not one endorsed enthusiastically." The typical commuter, researchers say, is very serious about marriage...