Word: slowdowns
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...Even the slowdown in Amazon destruction, critics say, owes less to Collor's policies than to a sagging economy. Says Willem Groenefeld, who runs an environmental institute in the Amazonian state of Rondonia: "Nobody has any money to cut the forest down...
GOVERNOR CLINTON: The country is in the grip of two economic crises. The one that most people are preoccupied with is the three-year slowdown, the slowest three years of any presidency since before World War II, coming at the end of a decade of productivity decline. The result is the loss of a lot of our economic leadership, the collapse of a number of our high-wage jobs and the concomitant disintegration of a lot of the important parts of our society: more children living in poverty, more people working below the poverty line. Everybody concedes that somewhere between...
...happen, say experts. "The slowdown in the Japanese economy will not hurt the U.S. very much," observes Robert Wescott, senior international economist at the WEFA Group, an economic forecasting firm. "For political and economic reasons, Japan wants to maintain a solid relationship with this country. They will try to keep up imports from the U.S." The brunt of the Japanese recession will be felt in Asia and Europe...
Former Coach Peter Roby's run-and-gun philosophy is a direct contrast to Sullivan's deliberate style of play, featuring a grind-'em-down man-to-man defense and a slowdown offense...
...well below the level reached in the 1981-82 recession, when joblessness peaked at 10.8%. But experts say the comparison is misleading because the labor force is growing far more slowly today than a decade ago, which means that fewer people are seeking jobs. Among other things, the slowdown reflects both an aging U.S. population and a decline in the number of people ages 18 to 24 who are embarking on careers. Moreover, 1.2 million discouraged workers have given up looking for jobs, up 25% from a year ago. In the TIME/CNN poll, 23% of those surveyed said they...