Word: rising
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Cooperman has sought to create teacher incentives, including bonuses for success in inner-city schools and grants for top teachers to spend in classrooms as they wish. Last fall Rochester teachers signed an innovative three-year contract granting greater classroom freedom and salaries that start at $29,000 and rise to $70,000 for stars. In return, the teachers agreed to be held accountable for student performance...
...wrong direction. A report released last month showing that the deficit jumped from $12.4 billion in January to $13.8 billion in February sent the financial markets into a brief panic. Continued deterioration of the trade balance could lead to a further drop in the value of the dollar, a rise in inflation and interest rates and, ultimately, a recession...
Much of the excess demand can be traced to the federal budget deficit, which is expected to rise from $150 billion in 1987 to $165 billion this year. By pumping up the economy, the deficit encourages spending on imports. At the same time, the federal red ink helps keep interest rates high, which discourages investment in the plants and equipment needed to produce American goods that could be exported or substituted for imports. Says Investment Banker Felix Rohatyn: "Whatever we do on trade is a sham, a complete waste of time, unless we begin to tackle the budget deficit...
...will eventually reduce the trade deficit substantially by making imports more expensive and U.S. goods cheaper for foreign consumers. So far, though, the impact of the dollar's drop has been disappointing. One reason is that many foreign manufacturers have accepted lower profit margins rather than let their prices rise in proportion to the dollar's fall. Moreover, while the dollar has gone down by more than 40% against the Japanese yen and the West German mark, it has fallen much less against the currencies of South Korea and other newly industrializing countries of Asia, which account for an increasing...
Like many oil-patch authorities, Hance sees dark portents in today's fuel bargains. "If prices continue at this level, there will be very little new U.S. well drilling, and imports will rise," he argues. According to his commission's projections, imports will reach 50% within the next 18 months and 65% in 1991-92. Says Hance: "Then I can see gasoline at the pump costing $2 a gallon." That projection, even if it represents an extreme scenario, sure takes the fun out of driving at 65 m.p.h...