Word: soft
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Dates: during 1980-1989
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...seven fat years of plenty followed by seven lean years of want. With the U.S. economy in the seventh year of a record peacetime expansion, signs are multiplying that for many Americans the fat times are coming to an end. In their place, economists prophesy everything from a soft landing, which could mean weak growth but little pain, to the ominous prospect of a deep recession. Few seers doubt, however, that a slowdown is at hand. "This has been a long expansion," says Allen Sinai, chief economist of the Boston Company Economic Advisors, a leading consulting firm. "But the spring...
...while the tight money has clobbered housing and other big-ticket items, inflation poses a serious threat. If Greenspan vigorously pushes interest rates higher to combat that threat, he risks a recession; if he tries to ease up just enough to permit the economy to make a soft landing, he risks letting inflation get out of control...
...there again." Like everything else in town, his business is geared toward an older clientele. "Ninety-five percent of the people who eat here have dentures. We serve bread pudding, oatmeal, mashed potatoes, and don't make the food too spicy. We only serve the soft-shell taco. It's a whole different atmosphere here. If it's someone's birthday, the whole room sings...
...seemed absurd a few weeks ago. But the nation's student uprising, now three weeks old, has thrown official China into confusion. Having failed to carry out its threat to crack down on the immense student march that engulfed Beijing two weeks ago, the government last week launched a soft offensive, blitzing the public with self-serving propaganda in support of its policies. When the leaders of the new independent student union announced that they would go ahead with a march across the capital on May 4, the 70th anniversary of the birth of China's student movement, the newly...
...Egyptian antiquities makes their preservation difficult enough. The pyramids were ancient when the Romans invaded Egypt, and the Sphinx, made of soft, easily eroded limestone, already had a 2,000-year history of deterioration and attempted repairs. But the ravages of time pale next to the destruction wrought by man. The burgeoning Egyptian population, which today tops 53 million, has combined with the hordes of tourists arriving each year to wreak more havoc in the past few decades than the effects of thousands of years of erosion...