Word: spigot
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Dates: during 2000-2009
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...route. Mori made it clear last week that he will continue the profligate spending of his predecessor, who during his brief, 20-month tenure doled out more than $300 billion for government projects, making him Japan's all-time biggest spendthrift. Don't count on Mori to close the spigot. Government spending "has a natural impact on the economy," he said last week. "Right now the economy is slowly recovering. We want it to turn into a full-fledged recovery...