Word: less
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...circumstances, for human activity, then Oates certainly falls short. She knows this risk and consistently runs it anyhow. Her obsession remains the untidy world where everyone actually lives, where headlines daily scream out the unthinkable and where nice people find themselves behaving in ways they can barely imagine, much less condone. The McCulloughs' marriage, despite outward appearances, is far from perfect; the author deftly reveals the stresses and fault lines that have built up over the years. But these problems do not lead logically to what Ian calls "this sudden terrible fury that has ruined our lives." These people have...
...gross national product, after adjustment for inflation, will grow a poky 2.3% in 1989, down from an estimated 2.8% last year. The economy will slow as the Fed's tightening grip on the money supply pushes up interest rates. At a growth rate of about 2% or less, most economists think the U.S. can expand without getting out of balance. "This is a slowdown the Fed can be happy with," says David Wyss, chief financial economist for Data Resources...
...will not keep narrowing at anywhere near that pace because the growth of U.S. exports will slow this year. According to this view, the dollar will have to take a real plunge if the trade gap is to be narrowed much further. This would make American-made goods less expensive for foreign consumers. Recently, the trade deficit has been declining only slightly, falling from $10.7 billion in September to $10.3 billion in October...
...first early warnings last October that the Pentagon might shut down a number of obsolete military bases, communities across the U.S. launched pre- emptive strikes against the plan. The issue had less to do with military utility than with economic survival. In areas where the local economy depends on the payrolls of soldiers and civilian employees, citizens and public officials pleaded with Washington to spare their installations from extinction...
Despite all the hand wringing, base closings often do less harm than good to a community. A Pentagon study found that among 100 base closings between 1961 and 1986, civilians lost 93,424 jobs but gained 138,138 new ones when the installations were turned to other uses. Communities across the country have found imaginative ways to transform the old bases. Forty-two former Pentagon airfields have become local airports. When the government closed Kincheloe Air Force Base near Sault Ste. Marie, Mich., eleven years ago, 700 civilian jobs vanished and the surrounding community in the Upper Peninsula lost...