Word: steel
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Unfortunately, their pressure may be having an effect. Though Reagan generally has resisted protectionist pressures, his Administration last week concluded an agreement with the European Community, under which that ten-nation group, pledged to hold steel shipments to the U.S. to 1 million tons under the 1981 level of 6.5 million tons. Any further move toward protectionism would almost surely destroy more jobs than it would save by provoking foreign retaliation that would crimp American exports-now 12% of the gross national product-and by impeding world trade enough to deepen the worldwide recession...
...strengthen the economy, they advocate a, so far, distressingly vague program of tax and investment incentives to spur expansion of rising industries such as semiconductors and computer software, as well as job retraining programs to cushion the plight of workers laid off in declining "smokestack" industries such as steel and autos. As an option for the future, the strategy is well worth debate, presuming that somehow the money could be found, but it is not much help in confronting the overwhelming problem facing the Congress that will be elected next Tuesday...
...Pennsylvania to suit his new identity. They came through. Republican national organizations contributed $57,000 to his race against unknown Democrat Joseph Kolter, 56, and the state legislature cut the district's 45,000 Democratic edge in half. But few foresaw the ravages of recession in this steel-mill area, where unemployment has hit 20.4% in Beaver County. Kolter, a state legislator and former teacher, has attracted labor support in a spirited campaign depicting Atkinson, 55, as an opportunist who should be held responsible for his embrace of Reaganomics. Says Atkinson: "I have no problems being identified with...
...windowpanes flanking the barred door. This was not the Ritz in London, one of his favorite jet-set stops, nor his art-rilled office high above Manhattan's Park Avenue. John Zachary De Lorean's dream of soaring to industrial fame on the gull-winged glitter of his stainless-steel sports car had turned into a nightmare...
Rhodesia was ultimately strengthened in some ways by trade sanctions because the country was forced to develop its own industry to manufacture such essential products as railway cars and steel tubing. "In the decade from 1965 to 1975," writes Renwick, "the Rhodesian economy was transformed from virtually total dependence on the importation of manufactured goods in exchange for raw materials to a remarkable degree of self-sufficiency in most areas except oil and industrial plant and machinery." It was a spreading guerrilla war, rather than trade warfare, that finally forced the white regime of Prime Minister Ian Smith to step...