Word: strength
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Dates: during 1980-1989
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Only five years ago the U.S. was on top, with a positive balance of $140.7 billion. But as the dollar steadily gained strength from 1981 to 1985, Americans began buying more and more imports, and the U.S. trade deficit hit a record $148.5 billion last year...
...force of individual leadership. Americans heard for years that the presidency had grown too complex for one person to manage, that the office had been crippled. Reagan seems to slide through a presidential day with ease. Leadership is a mysterious business, of course, but Reagan seems to derive his strength from the fact that he does exactly what he says he will do. He told the air-traffic controllers what he would do, for example, and when they persisted in their strike, he fired them and made it stick. All that has a tonic effect. It may give Americans...
...heroes from old movies, John Wayne and Gary Cooper quotations in the middle of political speeches. His amiable being--the sheer niceness and normality of the man--seems to transcend his policies, to immunize him from the poisonous implications of some of his own opinions. Americans respond to the strength and clarity of his character, the predictability of his resolve...
...Nakasone has called for the most striking transformation of Japanese society since the country's emergence as a major industrial power in the decades that followed World War II. Ironically, the Prime Minister wants to reverse some policies that have helped produce his nation's extraordinary economic might. That strength was developed mainly through exports. But Japan's huge trade surplus, which now stands at $61.6 billion, has aroused worldwide calls for trade protection and stirred deep resentment against the increasingly isolated island nation. To halt those trends, Nakasone strenuously urges his countrymen to export less and import more...
Most of the argument against sanctions is based on South Africa's relative strength. The country produces much of what it needs, including armaments, nuclear power and more than 50% of its oil through a coal-liquefaction process. Three of its leading exports--gold, platinum and diamonds--are rare and easy to sell. Others, such as chromium and manganese, are in high demand for strategic reasons. Yet it would be wrong to conclude that South Africans are unconcerned by the debate: a recently published opinion survey of the country's whites showed that 71% believe the South African economy...