Word: inflationitis
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Simba Makoni, 57, the man who captivated them, is a former finance minister running against his old boss in Zimbabwe's March 29 general election. His platform is vague, promising a "national authority" to rescue Zimbabwe from 80% unemployment and an annual inflation rate of more than 100,000% - symptoms...
While that may sound like a dramatic increase - and could in part explain why more families today are raising only one child - it's actually not much greater than the U.S. inflation rate over the same time period. But consider what the government figures don't take into account, and...
Gilani will take on his new role at one of Pakistan's most difficult periods. The presidency of Musharraf is deeply unpopular. The PPP's coalition partner, the PML-N, has pushed for the Supreme Court judges dismissed by Musharraf last year to be reinstated - a direct threat to the...
Even with this concerted public relations offensive, the Administration will have serious trouble salvaging what it considers to be an acceptable defense budget in Congress. House Democrats last week passed their own version of a budget for fiscal 1984, which begins in October. Depending on how inflation is calculated, the...
Some skeptics charged that the speech was part of an increasing Pentagon propensity toward "threat inflation." Explained Congressman Les Aspin of Wisconsin: "We are seeing a more exaggerated and disingenuous presentation of the Soviet threat than we have seen in the past." As an example of how this works, critics...