Word: reductionism
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Dates: during 1990-1999
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Chrysler is back at the brink of disaster a decade after the government rescued it by guaranteeing $1.5 billion of the company's loans. Now Chrysler is desperately seeking to raise $500 million to help it hold the road. To do that, the struggling automaker may sell Mitsubishi an increased...
The Budget Boys. During last fall's deficit-reduction talks, Sununu's high- handed style greatly offended the old bulls of Congress. The last straw for Senator Robert Byrd, the powerful West Virginia Democrat, came when Sununu plopped his feet onto the conference table and read newspapers while the others...
The poll tax prompted a bloody riot in London, helped bring about Thatcher's resignation and threatened to unseat the ruling Conservative Party in national elections, which must be held by mid-1992. Major's new scheme would assess owners and renters alike on the basis of the value of...
Imploding Industrial Centers. Reflecting a national shift from manufacturing to service-based businesses, many Northern industrial centers imploded like dying stars. Yet a few medium-size cities that had been losing people, like Pittsburgh and Baltimore, are reversing that trend by restructuring. The reduction of federal subsidies and the agricultural...
But the rules of risk reduction in the life of any woman often becomes clear only in retrospect--"I shouldn't have let him walk me home (but he offered to because my roommates had already left)"--or are obvious to the experienced but not to the young woman who...