Word: haled
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Dates: during 1980-1989
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...technically a tap dancer, but a hoofer. Whereas a tap dancer concentrates on the effect of movement, a hoofer expresses himself through percussion, creating melodies with his feet. As Dizzy Gillespie explains during the film, "Leon was one of the pioneers of the bebop of dancing, along with Teddy Hale and Baby Laurence. They would dance one of my solos or one of Charlie Parker's, and they'd do it perfectly. They used to knock...
Forecasters agree that U.S. exports will be the main engine for whatever growth is achieved in 1988. "The export industries appear to be out of the woods," says Thomas Swanstrom, chief economist for Sears. David Hale, the chief economist for Kemper Financial Services in Chicago, predicts that exports of manufactured goods could jump 15% to 20% next year, at the expense of America's trading partners. "We are going to increase our market share," he says, "largely by cannibalizing the foreigners...
...minority of the economists, though, were concerned about the outlook for inflation. Kemper's Hale is worried that in its rush to downsize, corporate America may have set the stage for capacity shortages that could create bottlenecks and drive up prices. Says he: "We have now had five years of underinvestment in manufacturing. The new lean and mean strategy may simply represent a form of corporate anorexia...
...foreign markets have been less than welcoming. As the global marketing battle takes hold, some countries are reacting with protectionism. Moreover, economic expansion around the world is so sluggish at the moment that few countries besides the U.S. are showing much demand for imports. Observes David Hale, chief economist for Kemper Financial Services: "The U.S. has been playing the role of global borrower and spender of last resort because of a sharp slowdown in the growth rates of other countries...
...perfect -- i.e., all-American but ambiguous -- Hollywood face. Fine, grant the premise. But if you do, you are confirming that what we are dealing with is not a political but a cultural, perhaps an anthropological phenomenon. Those who think Olliemania signifies a nation rising to Mussolini (or Nathan Hale) are apt to see their paranoia (or exaltation) disappointed...