Word: propped
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Dates: during 1990-1999
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...President Ernesto Zedillo Ponce de Leon still must reform the policies that caused the latest crisis--specifically, Mexico's reliance on foreign capital. Much of those funds fled in December when the government, unable to prop up the overvalued peso any longer, let the currency float. Now Zedillo is taking the politically risky steps of slashing government spending and jacking up interest rates to slow the economy and wean it from its dependence on ``hot money''--foreign investments in securities that can easily be dumped. Says Allen Sinai, the chief economist for Lehman Bros.: ``Mexico must swallow a recession...
Your report on electronic populism hits the bull's-eye: contemporary communications systems too easily accommodate everybody's reactions to everything [Cover Stories, Jan. 23]. Senators cite percentages gleaned from phone and fax communications from the citizenry to prop up their points. doesn't help with its frequent telephone polls. It is high time we give our representatives some breathing space to legislate without constant reference to the whimsy of the popular opinions of the moment. Even if 50 million people say a foolish thing, it is still a foolish thing...
Your report on electronic populism hits the bull's-eye: contemporary communications systems too easily accommodate everybody's reactions to everything [Jan. 23]. Senators cite percentages gleaned from phone and fax communications from the citizenry to prop up their points. The media don't help with their frequent telephone polls. It is high time we give our representatives some breathing space to legislate without constant reference to the whimsy of the popular opinions of the moment. Even if 50 million people say a foolish thing, it is still considered a foolish thing...
Your report on electronic populism hits the bull's-eye: contemporary communications systems too easily accommodate everybody's reactions to everything [Jan. 23]. Senators cite percen tages gleaned from phone and fax communications from the citizenry to prop up their points. The media don't help with their frequent telephone polls. It is high time we give our representatives some breathing space to legislate without constant reference to the whimsy of the popular opinions of the moment. Even if 50 million people say a foolish thing, it is still considered a foolish thing...
Your report on electronic populism hits the bull's-eye: contemporary communications systems too easily accommodate everybody's reactions to everything [Jan. 23]. Senators cite percentages gleaned from phone and fax communications from the citizenry to prop up their points. The media don't help with their frequent telephone polls. It is high time we give our representatives some breathing space to legislate without constant reference to the whimsy of the popular opinions of the moment. Even if 50 million people say a foolish thing, it is still considered a foolish thing...