Word: jolt
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Dates: during 1980-1989
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...fall. Reason: the dollar is back in grace. The exchange rate has improved 31% since a year ago, making U.S. purchasing power greater than it has been since 1969; and last week's election victory by François Mitterrand's Socialist Party gave the rate another jolt by further weakening the franc (see WORLD). Tourists have been quick to capitalize on the change. Despite stiff increases in transatlantic airfares, advance bookings from New York City to Paris...
Trailing a Promethean plume of fire and smoke, the entire 18-story-high, 4.5 million-lb. package thundered off the pad, shaking the earth for miles around, a seismic jolt greater even than the tremors from the mighty Saturn rockets that carried the Apollo astronauts to the moon. From the hundreds of thousands of spectators at the Kennedy Space Center came encouraging shouts: "Go, man, go!" "Smooth sailing, baby!" "Fly like an eagle!" "Oh my god, what a show...
...fewer than 100 pages, James M. Cain etched a portrait of animal lust and human need, of mania and the Depression, of the original sin and spectacularly convoluted forms of retribution. Its narrative travels the arc of electricity from the first shock of sexual attraction to the final jolt of death-row juice. The 1934 novel was a banned-in-Boston bestseller, and moviemakers have sprained their backs ever since trying to get it right onscreen...
...business tax cuts would increase the deficit by another $40 billion, leaving a daunting Government shortfall of $90 billion. Even if Reagan succeeded in persuading Congress to cut $50 billion in expenditures, the deficit would still be $40 billion. The result of that heavy spending might be yet another jolt to prices. Said Pechman: "Reagan may find that inflation has run away from him before he even gets started on his plans...
...only touch of playacting; otherwise the drama of the speech came from its subject and context. Both were important enough to justify fully the President's deep concern with sounding the right tone. His task was to begin rallying public support for a program designed to jolt the U.S. out of what he called "the worst economic mess since the Great Depression." Though details will not be spelled out until next week, enough is known already to make it obvious that the program marks a drastic change in national direction. It combines slashes in federal spending so deep...