Word: grow
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Dates: during 1980-1989
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...hands of Chairman Alan Greenspan and the other governors of the Federal Reserve Board. As always, Greenspan faces some hard choices. If he raises interest rates to prop up the dollar, he risks stifling economic activity and triggering a recession. But if he allows the money supply to grow too quickly, and interest rates drop, the dollar could go into a further nose dive, and inflation would take...
Most of the forecasters predicted that the budget gap will grow from $148 billion in fiscal 1987 to somewhere between $160 billion and $175 billion next year. With an election year coming up, the chances for major spending cuts or tax increases are slim. Says Swiss Economist Christoph Koellreuter, who heads the Forecasting Institute at the University of Basel: "For political reasons, the U.S. is unlikely to do what it should...
...Ethiopia, says Jay F. Morris, deputy U.S. AID administrator, "the problem is fundamental. They are taking a bad ecological situation and making it worse. By forcing farmers who do grow more than they consume to sell to the state at prices below the cost of production, they are not providing the incentive to produce the maximum that the land, however poor, would yield." Ethiopia's food production now totals 6.8 million tons a year, with little prospect for future growth; Western experts say the country will require an estimated 2 million tons of imported food in 1990. It almost seems...
...narcissism that fatally trivializes the work of other artists to whom Kiefer is sometimes compared -- Julian Schnabel, for instance. Kiefer bears, in full measure, the tragic sense and redemptive hope against which most of the art of our fin de siecle has insulated itself, and his stature can only grow with time. Which is not to say, of course, that all his work is of equal value...
Perhaps you may think, dear reader, that within the gates marked "abandon all hope, and grow in wisdom" this writer has acquired knowledge of a more earthy nature. For what is Harvard really known for, in the "real world," if not as the nursery of captains of industry and political masterminds? But the truth is that I never joined the Student Productions Association, never met the undergrads who wear power ties to lunch in the Union. I never tapped into the great politico-economic power grid they call "the old school tie." I may be an ass, but I have...