Word: grows
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Dates: during 1980-1989
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Since manpower shortages can crimp a company's ability to grow, many businesses have started recruiting as actively as the Army or the Navy does. To attract engineers, Compaq, a fast-expanding computer manufacturer, has chosen the old-fashioned hard sell. For a three-day recruiting drive in Dallas, Compaq sent invitations to 3,000 engineers and blanketed the region with radio and print advertisements. To promote the company's picturesque headquarters, set in a forest in Houston, Compaq imported pine and sweet gum trees, along with park benches and lampposts. The price tag for the extravaganza...
...their sample cases for bottles of mao-tai, a fiery 120-proof sorghum liquor -- not to sell but to lubricate negotiations with their Siberian hosts. Says Dimitri Krolov, a Soviet regional trade official who joined the train in Zabaikalsk: "Business is booming. We manufacture what they want, they grow what we want...
...currency traders feverishly bought dollars, most central banks stood by idly until the momentum began to grow. The banks of eight European countries -- West Germany, Britain, France, Italy, Switzerland, Austria, Spain and Belgium -- finally intervened by unloading some of their stocks of the currency. But the dollar kept climbing because the two largest countries -- the U.S. and Japan -- refused to resist the trend...
...simply fritter away the reserve, leaving nothing to the future. Says Geoffrey Carliner, executive director of the National Bureau of Economic Research in Cambridge, Mass.: "As politicians see the trust fund build up, the temptation to spend it on today's recipients or to reduce payroll taxes will only grow...
...overall budget, congressional projections indicate that the deficit should gradually shrink from $150 billion in 1987 to $134 billion in 1993. Without Social Security's extra padding, however, lawmakers would be forced to admit an unpleasant reality: the deficit resulting from all other Government programs will actually grow from $170 billion in 1987 to $231 billion in 1993. Says Bosworth: "The basic budget deficit is getting worse, not better." As long as income from Social Security taxes makes the gap look smaller than it really is, Congress may never come to terms with the deficit...