Word: growth
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...tide began to recede in 1986, when Congress for the first time under Reagan cut the Pentagon budget below the previous year's. It did so again in 1987, and in 1988 allowed only modest growth, well below inflation. The 1989 budget will be the fourth relatively lean one in a row. Weinberger not only fought the trend, infuriating Congress by refusing even to discuss reductions, he continued to plan for future spending as if the Pentagon could count on once again getting a blank check. Last November, however, he resigned, to be succeeded by Carlucci, a veteran...
...gardeners, he says, "their parents had a quarter acre with a power mower and a hedge clipper. They have 600 sq. ft. behind a condo and 90 different kinds of plants in it." But he does not disdain those who crave his lovingly designed tools made of second-growth ash. "Serious gardeners are like serious writers, painters, dancers," he says. "For people who view gardening as a craft, buying the best tool they can get is absolutely essential...
...year ago in Venice, and can congratulate ourselves on having weathered last October's dramatic stock-market storm, we have been forced to confront an unpleasant truth: we have not lived up to our past pledges and thus are not doing as much as we could to ensure continued growth for our own countries and for the world economy...
Accordingly, and notwithstanding the likely political repercussions that await us back home, we have pledged not just to step up our rhetoric (although we reserve the right to do that as well) but to take firm and concrete measures to achieve greater economic convergence, exchange-rate stability, stronger growth, more open trade and greater generosity toward the developing world...
...prevent such an outcome, we have individually pledged to take the actions outlined below. In general, we intend to bring our growth rates into closer alignment to help correct trade imbalances. To reduce exchange-rate volatility, our central banks will agree to specific ranges within which currencies will be allowed to fluctuate. We will not hesitate to use all available means, including central-bank intervention in the foreign-exchange markets and adjustments in our interest-rate policies, to make sure that the currencies stay within these so-called target zones...