Word: steep
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...threatened to resign in protest. Granted an audience, Boskin told the President that the economy was not recovering as quickly as it had from previous recessions because it was struggling under unprecedented burdens, including the huge debts left over from the Reagan era. Among the new hardships were the steep regulatory costs of the Clean Air Act and the Americans with Disabilities Act. Boskin later bluntly told Bush that he was unlikely in 1992 to see a recovery as strong as Reagan had enjoyed in 1984, or Ford in 1976. Unemployment probably would not decline by much, and might even...
...also ended up in the market. The sudden inflow helped propel the Dow Jones average to new heights last May, when it broke the 3400 barrier for the first time. By propping up the market with their new money, investors like Brown may have prevented or postponed the steep correction that analysts think is probably inevitable...
...less exotic and more sympathetic. Slowly the message is getting across that gays neither invented the disease nor bear special responsibility for transmitting it, that the epidemic is universal. But however much AIDS may have brought a community together or advanced its cause, the price has been far too steep and it will go on being far too painfully paid...
...plummeted 30% since January, staged a brief comeback Thursday. They were encouraged by the launching of the new Securities and Exchange Surveillance Commission, Japan's first regulatory agency for stock exchanges, and the news that Japanese Premier Kiichi Miyazawa would convene a special Cabinet session. The Nikkei resumed its steep downward slide Friday, however, after Finance Minister Tsutomu Hata said it would be difficult to bolster the market. Business leaders have urged the government to take steps to prop up the market. Miyazawa, however, is banking on a supplementary budget to stimulate the economy, but few economists believe the government...
Those were the first heady days, when the learning curve was steep and the flexibility almost unlimited. They switched from ammonia to the refrigerant Freon as the separating agent without filing a single proposal, cost analysis or environmental-impact statement, without any of the constraints big corporations face daily. If something worked, they used it; if it didn't, they tried something else...