Word: harde
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Dates: during 1980-1989
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...been so much talk of late of the cold war ending and the arms race receding, the whole geopolitical world shifting on its very foundations, that we have had little time to notice how quickly the battle of the sexes has been heating up. These, in fact, are hard times for lovers; in the age of AIDS and the palimony suit, an affair of the heart seems less a matter of chemistry than of medicine and law and politics. The pattern now, it appears, is boy meets girl (or sometimes boy), quizzes on sexual history, comes clean with an update...
...Pentagon budget is tight, the years that follow promise even more bad news for hard-pressed defense firms. The General Accounting Office estimates that as much as $150 billion will have to be hacked out of defense plans over the next five years. One reason: giant, multi-year spending commitments in the early 1980s are still rolling through the budgets like a giant bow wave, pushing aside other priorities. One of the biggest is the Northrop B-2, which is now expected to cost $530 million per plane, making it the most expensive weapons system in history. Eliminating the plane...
...five-year slowdown in defense spending is already hitting military contractors hard. Since 1982, the number of U.S. companies turning out hardware for the Pentagon has plummeted from 120,000 to just 40,000. At most major defense firms, profits are down and payrolls are being slashed. Los Angeles-based Northrop, which lost $78 million in the second quarter, is cutting its work force by 3,000 workers, to 41,000. St. Louis-based McDonnell Douglas (1988 defense sales: $9.7 billion), the largest U.S. military contractor, reported a loss of $48 million during the same period. If Cheney sells...
...Israelis were short-sided not because they believed that all would go as planned. Indeed, it is hard to believe that they expected all to go according to plans...
...really hard, but it is a lot of work. You have the opportunity to put in a lot of hours, and you have the option not to put in as many," says Michael Roche...