Word: shiftings
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Dates: during 1980-1989
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Surprised European leaders saw Regan's remarks as a possible indication of a significant shift in American thinking. Until now, the U.S. Administration had emphasized that, as much as possible, governments should maintain a hands-off stance toward international finance. Said a top West German official: "We welcome the change from what has so far been an inward-looking U.S. policy to an outward-looking...
...program. Now, I said this about unemployment also. It is true that if the recession ended tomorrow we would have a higher rate of unemployment than we have considered normal, but the jobs will not be there when the economy comes back because of a technological change, the whole shift in the type of jobs. That is why we can have a 10.4% unemployment rate,*and yet every Sunday have scores of pages in our metropolitan papers of help-wanted ads. What we need is a structural change in teaching and instructing, in training people to fill [these jobs...
Reagan saved the harassed legislators one headache by bowing to near unanimous advice from Republican congressional leaders that his proposal to shift the final 10% installment of his three-year income tax cut from next July to January had no chance of passage. In spite of that retreat, the President showed that he retains plenty of backstage clout. His friend and close Senate ally, Nevada's Paul Laxalt, led a successful drive to remove Oregon Senator Bob Packwood from chairmanship of the National Republican Senatorial Committee. Packwood played a major role in helping engineer the reelection of every Republican...
...leaps. Zhao predicted an average annual growth rate of only 4%, which, in fact, has already been surpassed in the past two years (1982 growth rate: 5.7%). Zhao was also refreshingly candid about his country's economic difficulties, admitting that Peking's decision three years ago to shift emphasis from traditional heavy industry toward light industry turned out to be inefficient and time consuming...
Anthony Caracciolo, who works the 3-to-7 shift on Jordan Marsh's fifth floor, says he tried to bluff the first time he heard that question. "Now it's easier just to say you and the other Santas are Santa's helpers," he explains. A 63-year-old retired civil servant in his rookie season in the red uniform. Caracciolo says, "Being a Santa is one of the things I have always wanted to do in my life. I'm getting paid $4.50 an hour, but I'd gladly...