Word: levelling
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Dates: during 1980-1989
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...progress has not been spread equally over various groups in the population. Smoking among blacks and blue-collar workers is higher than average. Level of education is the best predictor of tobacco use: the more years of schooling people have, the less likely they are to smoke...
...with more and more political people has probably reached the point where it is quite important in discouraging somebody who someday wants to have a really responsible job: Why should I go into the civil service when I know I'm going to be truncated at a pretty low level...
...fully, no, because he was operating at a different level in some sense. You know, he had a few notions about what he would consider supply-side economics, although he only seemed to learn them during the election campaign in 1980. You've heard this a million times from people writing memoirs: it's a little difficult to engage him in a substantive debate. He had a few relatively simple and straightforward ideas. And in fact I didn't see him much as the second term progressed. ((Chief of staff)) Don Regan kept saying...
Rising interest rates usually bring gloom to the stock market, since they can presage a slowing economy. But stocks are doing the unexpected. Last Friday the Dow Jones industrial average closed at 2226.07, its highest level since Oct. 16, 1987, the Friday before Black Monday. It was up 32 points for the week and 57 points since...
...could make us feel better about ourselves when we were not, in fact, any better. Jackson is right. The gap between rich and poor has expanded under Reagan, and it has become commonplace to find homeless, working families. The portion of the population that lives under the poverty level grew from 11 percent in 1980 to 13.6 percent in 1987; the percentage of children under the poverty level jumped from 16 percent to 20 percent in the same period...