Word: inflationitis
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To remain a military superpower, however, Romney knows that America must keep its economy strong. This will require ending Washington’s splurges. Romney will cut spending, promising to veto any budget in which non-defense discretionary spending grows faster than inflation minus one percent. He’ll...
By the end of the day the price had dipped back down to $99.62, and oil still has yet to break its all-time inflation-adjusted high of $102.81 (set in April 1980 after the Iranian revolution). "One hundred dollars is a symbolic number," says John DeCicco, a senior fellow...
Verhofstadt's caretaker administration has been tasked by King Albert II to manage pressing problems such as the 2008 budget, the Belgian troop presence in Lebanon, and the rise in food and fuel prices. Last Saturday, about 20,000 people took part in a demonstration called by unions to protest...
Fujimori has both a distinguished and an ignominious place in Peruvian history. The son of Japanese immigrants, he ran for the presidency in 1990 as an unknown, bolting from obscurity to beat the frontrunner, the country's best-known author Mario Vargas Llosa. Even though he had no experience in...
A tailor-made constitution allowed him to run again in 1995 and, given the defeat of inflation and terrorism, he easily scored the most lopsided victory in the country's modern history. He ran for a third term in 2000 and won, but the elections were largely seen as fraudulent...