Word: longer
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Dates: during 1980-1989
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Traditionally, U.S. defense contractors have coped with periodic downturns in Pentagon spending by boosting their military exports. But that is no longer an easy market. Last year, according to the Stockholm International Peace Research Institute, global arms imports totaled $34 billion in constant 1985 dollars, a 14% decline from the previous year. Among the reasons: the winding down of regional conflicts like the Iran-Iraq war, reduced oil prices and fewer petrodollars for military customers in the Middle East, and a falloff in Third World purchasing power caused by high debt levels...
...Mexico's problems lie in Washington. This is particularly the case with regard to debt. The U.S. has had the luxury over the past 60 years, as a superpower, of not having to worry about its borders, either north or south. In the case of Mexico that is no longer true -- not because the Soviet Union is establishing a beachhead in Veracruz but because in order to maintain the type of relationship with Mexico that the U.S. has had over the past 60 years, the U.S. is going to have to do much more. The U.S. is going to have...
However, many city residents have criticized the role of the city manager, saying that he is no longer accountable to the people. During several controversial debates this year, the charge was made that Healy had not made an effort to inform adequately the council or the city of his actions...
...downturn is at least partly the result of selling so many cars in the past few years. "The fleet is quite young, the warranties are longer, and the quality is better. People don't feel a pressing need for new cars," says Arvid Jouppi, who follows the industry for Keane Securities in Detroit. The boom has flooded the market with used cars, which are now selling at a steep discount, making them a more attractive alternative to new models. A two-year- old Ford Tempo, for example, sells for $3,500 less than...
...Kansas is certainly less exciting than the one Truman Capote invented nearly 25 years ago, when he absented himself from Manhattan's society lunch circuit to pioneer the true-crime genre with In Cold Blood. The modest truths conveyed by Parker will not sell as well but may last longer...