Word: spurs
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...left. In 1981 he finally captured the presidency with the promise of an economic renaissance for the recession-bound country. In power for the first time since 1936, the Socialists launched a veritable revolution, nationalizing banks, raising the minimum wage and installing a wealth tax. Though these moves did spur consumer-driven growth, they also led to runaway inflation, a spiraling trade deficit and a sagging franc. Less than two years into the revolution, Mitterrand imposed stringent austerity measures to shore up the franc, ultimately turning his back on leftist economics. In foreign policy, Mitterrand, though instinctively hostile...
When asked how he might enact his proposal. Bradley said he hopes to spur on-going grassroots reform by creating a "narrative" by which to discuss today's political issues...
...York ophthalmologist, makes no bones about where she stands. "I'm for it absolutely," she says. "The upper middle class pays a lot of dues. If they get a little break, what's the big deal?" Supporters of the change say lower rates would encourage more investment and spur greater turnover of holdings, thus leading to increased tax revenues. "More people would sell assets, and the U.S. Treasury would collect more taxes," says Stephen Moore, director of fiscal-policy studies at the conservative Cato Institute and author of a new study on the subject. "Every time the rate has been...
...Western center-right parties scrambled to form an unlikely coalition, after the Islamic-oriented Welfare Party won Turkey's parliamentary elections with 21% of the vote. Although Ciller's True Path Party and the Motherland Party have long been bitter foes, the victory by the Islamists was enough to spur the former enemies to try to cooperate in forming a government. All other major parties have rejected the idea of creating a coalition with Welfare...
RETAIL WORKERS Sluggish sales spur major layoffs, topping 300 per business...