Word: lid
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Dates: during 1980-1989
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...will let interest rates go in its effort to slow the economy and ward off inflation. The answer will have immense political as well as economic ramifications. In this presidential election year, the Republicans will jawbone the Fed, which now consists solely of Reagan appointees, to keep a lid on interest rates, while the Democrats will watch intently for any signs of partisan policymaking...
...decline of OPEC. The Republicans have a vested interest in maintaining wide-open oil production, because to the American voter, the drop in gasoline prices is probably the single most prominent economic improvement over the Carter administration. More importantly, if OPEC were to regain power and put a lid on oil production, prices could soar and pull America back into an inflationary spiral...
...result, the Reagan restrictive information policies appear to be losing ground. Congress is likely to balk at further attempts to keep a lid on scientific research--particularly in the field of superconductivity--congressional aides...
...problems with ethnic unrest will doubtless be very much on Gorbachev's mind this week, when he is scheduled to make a five-day visit to Yugoslavia, a nation with some of Eastern Europe's bitterest tribal rivalries. Yet even as the Soviet leader was seeking to keep the lid on at home, outbreaks of turbulence erupted in three of the Soviet-dominated states of Eastern Europe. In Poland, Czechoslovakia and East Germany, Communist authorities last week moved to stamp out separate shows of popular defiance. Though these outbreaks involved political rather than ethnic grievances, both forms of unrest...
Back then Gore fought Bush's efforts to lift the 4.5% interest lid on Government bonds. Bush hammered Gore's enthusiasm for the Trade Expansion Act in John Kennedy's Administration. But the two joined in the struggles for civil rights legislation. "There was never an impolite exchange between us," recalls Gore. "We could debate for two hours and then go down to the Senate Dining Room and have coffee together...