Word: growth
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Dates: during 1980-1989
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...seniors were happy for both the win and the growth of the Harvard program in the last three years...
...economy continues to expand, revenues will grow faster than spending, but not fast enough to close the deficit in the foreseeable future. Using figures from the Congressional Budget Office and assuming that GNP growth will average 2.5% over the next few years (a more realistic figure than Reagan's 3.2%), TIME estimates that if Congress takes no further action to cut spending or raise revenues, the deficit will still be $128 billion in 1992. That gap cannot be eliminated all at once, and the cuts should not be made mechanically or without regard to economic conditions. If a recession hits...
TIME's correspondents quickly concluded that any attempt to close the deficit strictly through spending cuts would be unworkable and unwise. Most non-defense programs have already been slashed relentlessly during the Reagan years, and the President has reluctantly consented to slow the growth of his military budget...
...billion spent on health care for the old when Reagan came into office is expected to reach $200 billion by the year 2000. Between 1980 and 2040, experts project a 160% increase in physician visits by the elderly, a 200% rise in days of hospital care, a 280% growth in the number of nursing-home residents. Between now and the year 2000, a new 220-bed nursing home will have to be opened every day just to keep even with demand. Without a change in the present system, pension and health-care costs will account for more than...
...will America adjust to its growing pains? It is possible that advances in science, steady economic growth, better education and some courageous and creative politics will allow the nation to mature gracefully. The signs of interdependence and cooperation encourage policymakers, who agree that a family is a far better source of compassion than a federal agency, however well funded. With that in mind, some politicians are urging that Congress consider tax breaks for families responsible for the care of an elderly parent. Others are lobbying for a broader national health plan that would provide care for the young...