Word: growth
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Dates: during 1980-1989
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...King in 1982 to reclaim the office. In his second effort--along with a bit of good fortune--he has performed and economic miracle. Massachusetts stands as the most economically robust state in the country--a state with the lowest unemployment rate and with the best potential for continued growth. While social services have gone up, taxes have gone down...
Unfortunately, while taxes in Massachussetts are below the national average, 67 percent of voters support Question 3, which would repeal a seven-and-a-half percent surtax on income and limit the growth of state revenues. That would threaten existing programs, not to mention an expensive clean-up effort. Vote yes on 4 and no on 3. It's time to face the problem and the cost...
...spokesmen of the "public-choice" school, which applies the discipline of economics to the study of political decision making. Governments reflect the actions and choices of politicians, Buchanan argues, just as markets operate through the decisions of consumers who buy and sell goods. His theories help to explain the growth of budget deficits. Members of Congress are primarily motivated by a desire to get re-elected, Buchanan assumes. "Their natural proclivity is to spend more and not tax," he says. The result: a "regime of permanent budget deficits." The cure, Buchanan contends, is to change the rules of the game...
While investment decisions colored by considerations other than financial merit may seem chancy, the socially oriented funds are so far performing about as well as the rest of the market. According to Lipper Analytical Securities, which tracks mutual funds, the total return on Calvert's Social Investment Managed Growth Portfolio for the year ended Sept. 30 was 28.6%, a bit more than the average 27.4% for standard growth-and-income funds. Says John Guffey, executive vice president of the fund: "Our record has shown that we can do at least as well as broad-based averages...
...explanation: genes that normally protect against the cancer somehow get lost or damaged. Other scientists suggested that these genes serve as "off" switches, restraining cells from replicating ceaselessly and forming malignancies. If the switches are not inherited or are somehow disabled by, say, radiation, chemicals or viruses, cancerous growth might start. Logical enough; but as years passed without hard evidence, people questioned whether such genes existed...