Word: northeasterly
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Dates: during 1990-1999
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...Better New York, estimates it would take $5 trillion to bring his city back up to par. Although its annual budget is larger than that of all but two states, New York City is in a financial straitjacket, and the nation's economic downturn, more harshly reflected in the Northeast than elsewhere, offers little hope for future relief. Says financier Felix Rohatyn, who devised the plan that saved New York from bankruptcy 15 years ago: "I just don't see the light at the end of the tunnel. However, we cannot turn our back on the city now." Facing...
McDonald's has a new venue: the diner. After two years of planning, the fast- food giant has opened a one-of-a-kind outlet, the Golden Arch Cafe in Hartsville, Tenn., a small town northeast of Nashville. The 1950s-style restaurant, complete with jukebox, offers such unlikely McFare as lasagna, pork chops and Salisbury steak. The menu includes ordinary hamburgers, but no Big Macs or Chicken McNuggets. While patrons still queue to order their food at a take-away counter, the meal comes on ceramic plates, and is brought to the table by servers sporting bowling shirts...
...last week the Census Bureau completed its preliminary count for 1990, which shows that the country is draining people and wealth into the South and West, depleting rural areas and weakening the urban redoubts of the Northeast and Midwest. Bush's bright hopes for gathering more Republican strength in swelling Florida, Texas and California in the election just two months distant are now also tied to the shifting sands of the Middle East. Few modern Presidents have had a more difficult equation to balance. So far, Bush's balancing act has been masterly...
...largest single beneficiary of the gigantic S&L bailout. A controversial study by Edward Hill, a professor at Cleveland State University, predicts the cleanup will pump about $80 billion into the Texas economy. A dozen other states, mostly in the Southwest, would also profit. Politicians from the Northeast and Midwest complain that their states would foot almost half the bill but see only 5% of the initial bailout money, as opposed to 72% in Texas...
...natural wealth, the U.S. has its share of water woes. Nearly half of its rivers, lakes and streams are damaged or threatened by pollution, according to an Environmental Protection Agency survey. Occasional water shortages have struck all over the country, even in the rain-rich Northeast...