Word: spurs
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Dates: during 1980-1989
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...selection of local legislators. Two of the three states (Andhra Pradesh and Karnataka) have been Gandhi political fiefs for decades, and her party was a clear favorite. Thus last week's defeat will surely weaken Mrs. Gandhi's authority over Congress (I). More important, it could spur internal Indian strife, lending strength to the nation's growing number of ethnic and political separatist movements...
Several of the economists, including Heller and Eckstein, argued that the simplest and surest way to spur recovery would be to move up the 10% tax cut from July 1 to Jan. 1. President Reagan supported such a strategy briefly but then abandoned it because it was unpopular in Congress. The main drawback to accelerating the tax cut is that it would swell the already bloated federal budget deficit. The financial markets are gravely concerned that the flow of red ink will cause inflation to speed up again, and this anxiety, more than anything else, has been responsible for keeping...
...Brookings Institution in Washington, D.C. Krause foresees a further three-point decline in the prime rate at banks, which has already fallen from 16% to 12% since July. A rally in the stock and bond markets has added some $100 billion to the wealth of investors, and should spur consumer spending. By the end of 1983, Krause said, the U.S. could be growing at a rate of 3%, a bracing tonic for Asian export industries...
...broadcasting service, Zou notes. She points out that, while domestic radio now criticizes government officials, Radio Peking generally does not. "There's no sense to broadcast this to people abroad," she says. Broadcasting critical stories to foreign audiences would not be helpful, she explains, because they are meant to spur improvement within China...
...books dealt with life, war and death on a desert planet. The White Plague (Putnam; $14.95) is set on earth in the grim present. Molecular Biologist John Roe O'Neill, an Irish American in Dublin, sees his wife and children annihilated by an I.R.A. bomb. Vengeance becomes his spur. In a home laboratory he invents a new disease and releases the plague in three nations: Ireland, because his family died there; England, because of British oppression; and Libya, because it operates training schools for terrorists. The disease spreads so quickly that life itself is threatened. These are the trappings...