Word: slowdowns
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...cuts? The broccoli. Choke ?em down, they?re good for the economy. Bush again touted his $1.3 trillion tax cut as well-timed fiscal stimulus for a U.S. economy mired in a slowdown. (A slowdown "that started last year," as Bush hastens to remind us.) Repealing it - even, presumably, the parts that won?t kick in until 2004 and beyond - "would be an anchor on our economy, and I assure you I won?t allow...
...peak. That?s good news for the consumer-spending watch - while the economy waits for businesses to come out of their post-bubble fetal position, it seems our nation?s shoppers - who account for two-thirds of U.S. economic activity - may be able to keep the floor under this slowdown a while longer...
...spring with a 25-basis-point cut - and release a statement that gave no indication why? Because, the minutes say, the members feared sowing too many inflationary seeds that could sprout next spring, and because they figured they?d done about all they could do for a slowdown that, after all, wasn?t going to last forever...
...August skeleton crew awake - the economy - was actually suppressing news overall. When the Media Conglomerate needs to meet Wall Street's targets, its news divisions get the same flurry of pink slips and parachutes as everybody else. Especially when they're losing money. "In the face of the advertising slowdown, so many media outlets are cutting costs with layoffs and lower page counts," says Wolff, "that in a real way, we can't afford news this summer." Between the temporary vacations, the permanent ones and the cost-cutting, the resources with which news is produced were scarcer this August than...
Maybe all the Republicans needed during those endlessly frustrating Clinton budget fights was a good economic slump. The slowdown is not only "real," as George W. Bush needlessly pointed out in a campaign-style stump speech from Harry Truman?s hometown Tuesday, it?s given the White House the perfect vehicle to sell Americans on the articles of the Republican fiscal faith...