Word: pies
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Dates: during 1980-1989
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...makes its emergency loans conditional on the receiving nations' adopting a policy of "austerity." The assumption behind this philosophy is simple: Third World governments have lived beyond their means. Their governments are spending resources which the nations do not possess--handing out pieces of a pie which do not exist. The only answer, the IMF believes, is to cut the government budget, raise taxes, and devalue the currency...
...Christian revival has accelerated and spread into new social strata. While often opposed in outlooks, values and interpretations, both the Eastern religious-humanistic psychologies and the Pentecosal movement challenge the prevailing scientific-secular-liberal orthodoxy. Liberalism is founded on the notion of progress, specifically a bigger and tastier economic pie each year, made possible by the ever-expanding industrial machine. But now, according to Rifkin...
...support industries in which we could have a comparative advantage, when we lack read-justment programs to provide retraining and future employment for those working in declining industries, we are in deep trouble. A weak economy leads all segments of America to fight for their share of a declining pie to the detriment of civic morality, optimism and benevolence in which Americans once took pride. America did not profit from England's decline, and Japan will not profit from America's decline. It is in the interests of Japan and other allies to have a healthy foresighted American partner whose...
...long spell of little economic progress, or actual retrogression, may cause people to conclude that the system's potential rewards are not worth its real risks. Rancorous confrontations among government, business, labor and a thousand contentious factions could erupt. Warns Arizona Congressman Morris Udall: "When you get a constant pie, and when any group like the steelworkers or the longshoremen gets more, then somebody has got to get less. We have got to adjust to slower growth, and the story of the 1980s will be how we adjust...
...Johnny Carson would lose his major source of T's and A's if women could no longer appear as the emotional, frivolous, and charming creatures that they were. Even the news programs would suffer, for how could wars be fought if there were no Mom and apple pie for which to fight...