Word: sectoral
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Dates: during 1980-1989
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...developing countries were more than those to Europe and Japan combined, and throughout the 1970s the Third World accounted for the largest share of gains in U.S. exports and export-related jobs. Thus, while the U.S. and other industrialized countries are emerging from the recession, the U.S. export sector is not likely to achieve its previous high levels so long as growth prospects for the most dynamic source of new demand for U.S. goods, the Third World, remain bleak. Lower interest rates are essential if Third World growth is to be resumed. The sustainability of our own economic recovery depends...
...years of practicing private "political" law back in the '50s, Mondale has been campaigning for, or serving in, public office his entire adult life. His view of the nation and the world has been shaped from within the Government looking out. He has seen the private sector through the prism of lobbyists and favor seekers. Though he has drawn a six-figure salary as a Chicago lawyer for the past three years, his worth was measured by proximity to Government power. For nearly 30 years Mondale has devoted his life to spending other people's money...
Reagan believes that too many Government promises and programs have already dimmed the national spirit. He is convinced that the magnificent goose, whose golden eggs Mondale loves to distribute, does not live in the White House but resides in the private sector, fed by the vision of great reward and the fear of failure. Government now threatens rather than encourages the creation of wealth, the source of American strength, by Reagan's lights. He does not know Government very well, nor does he fully understand what has happened to this society and the world during his long life...
...soldiers captured during the invasion of Lebanon, along with 20 Arabs who had been arrested for protesting the Israeli occupation of the Golan Heights. Syria gave up three Israeli soldiers caught during the invasion and three security agents seized in May after they drove into a Syrian-controlled sector of Lebanon. The Syrians also delivered the bodies of what were believed to be five Israeli soldiers, while Israel returned the remains of 72 Syrian troops...
Much of America's job growth is in the service sector. Workers performing every task from plumbing to neurosurgery have increased from 53% of the labor force in 1950 to 70% today. In the 1970s, the largest gain in total employment was made by secretaries, whose numbers rose by nearly 1 million. That was followed by a 556,000 increase in cashiers and the addition of 501,000 registered nurses...