Word: high
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...periods in our history," says Sam Nakagama, chairman of Nakagama & Wallace, an economic consulting firm in Manhattan. Nakagama and other New Wave advocates say the record expansion owes its strength and resilience to the openness of the U.S. economy during the past decade. With the global village linked by high-speed computers and communications satellites, they argue, U.S. executives easily hurdle obstacles like rising domestic interest rates by borrowing from other countries. In the same way, American manufacturers can escape high labor costs by opening factories abroad to add new capacity...
...years ago, there weren't that many people we could borrow money from," notes Harvard's Jeffrey Sachs, a leading international economist. "We were reluctant to run deficits out of fear of creating sky-high inflation. Now there is a global bank-teller window that is open 24 hours a day, and we've been one of the most frequent customers." Sachs warns, however, that the bender cannot last. "We're faking it," he says. "Our living standard isn't being maintained by higher productivity or wages. It's maintained by foreign capital...
...leaping from phones to films: "When I wanted to become a director, I became a director." And his films have all the exuberance of somebody who wants to tell everything -- every one of the heart's dirty little secrets -- to his coterie audience. At the core, these are high-gloss melodramas with high comedy along the edges. They move like Roger Rabbit on speed, and so do the horny, drug-hyped, tortured, ironic, cartoonish creatures of his imagination...
...Nixon, who campaigned at the Theresa in 1952, was the first politician to be photographed with Ron ("I immediately decided I wanted to become a Democrat," he jokes). Joe Louis, a frequent guest, gave him a pair of his boxing gloves. From the roof of the Theresa, 13 floors high, Ron and his friends would gaze out on the excitement of 125th Street -- the Apollo Theater, the street-corner orators, the hustlers -- and the poverty beyond...
Education was a high priority for his parents, both graduates of Howard University. His ability to glide effortlessly between different worlds was enhanced when he began taking the bus from Harlem to the Upper East Side to attend white schools. "When I was young," he says, "making white friends was no problem." At Middlebury he helped pay for his education by joining ROTC...