Word: somes
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Dates: during 1980-1989
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Some safeguards installed in the market after the 1987 crash may have helped cushion last week's fall. In Chicago the Mercantile Exchange twice halted trading in S&P 500 futures contracts, which represent the stocks in the Standard & Poor's 500 index. The automatic cutoffs, or "circuit breakers," slowed...
Even some Republicans are expressing concern about the paralysis. | Conservative analyst Kevin Phillips described the problem two weeks ago in the Washington Post as "a frightening inability to define and debate America's emerging problems." Last week's 190-point stock market tumble was the immediate result of economic developments...
The catastrophic-health-care program, which lobbying groups for the elderly hailed at its passage, imposed an annual surtax of up to $800 on well-heeled Medicare beneficiaries, who balked at having to pay for benefits that were often duplicated by their private insurance. Last summer they began an intense...
His long-term goals, beyond hoping for a "kinder, gentler" nation, have been lost in a miasma of public relations stunts. The President's recent "education summit" with the nation's Governors produced some interesting ideas about national standards but little about how to pay the costs of helping public...
Many in the Administration believe they are in office to shrink Government. "You liberal writers are just like the Democrats in Congress," White House Press Secretary Marlin Fitzwater recently lectured a reporter. "You think Government isn't doing anything unless it's taxing and spending and creating new bureaucracies." Yet...