Word: stagnant
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Dates: during 1980-1989
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Egypt's problems, though, defy easy solution. The per capita income is a meager $469 per year. Its middle class is beset by an acute lack of affordable housing. Industry is virtually stagnant, and productive foreign investment is anemic. The country now imports half of its food. Says Abdel Razak Abdel-Meguid, the American-educated Deputy Prime Minister for Economic and Financial Affairs: "Because of our favorable balance of payment statistics, the economy looks good on the outside. But inside it needs a lot of work...
...farmers' sense of alienation from Washington. Currently, the Midwest is trying to cope with problems created by the most bountiful harvest ever: 8 billion bu. of corn and 2.8 billion bu. of wheat. The resulting fall in prices has been compounded by rising costs, high interest rates and stagnant consumer demand. But many farm leaders now argue that subsidizing overproduction will not solve their problems. Says Iowa Agriculture Secretary Robert Lounsberry: "The election produced a mandate for the marketplace to set the price, but now a lot of people in Washington are talking differently...
...again on a rief tour in the '70s But while those productions demanded an elaborate naturalistic set--not the Ex's style, to be sure--director Bill Rausch is exploring the effects of gray paint and suspended bare trees (borrowed from the Harvard Forest) to create the "cold, stagnant environment where nothing ever changes"--the one usually associated with Wharton's spare style...
...economic issues, Tsongas sounds a bit like the Republican he once was. He says that traditional Democratic concerns, such as industrial safety and worker's rights, should take second place to insuring that the economy is performing well. Says he: "A stagnant economy is, by definition, illiberal." Righting the economy, Tsongas argues, requires new incentives for savings and investment. He strongly opposes, however, Reagan's supply-side theology on the ground that across-the-board tax cuts are inflationary because they will stimulate consumption rather than productivity...
...months, and you'll feel it in your veins," an affluent and highly educated aunt told me. The sight of grown men sharing their food with dogs and little kids using the streets as a toilet evokes disgust, and even more sickening is the ubiquitous stench of the stagnant and deadly rain water that never evaporates from the gutters. The word "poverty" loses its meaning because there is so much of it. The people somehow lead stable lives in these worst possible conditions, and the life of the city never idles. The chatter of hawkers, the stylistic craft of fruit...