Word: sudden
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Dates: during 1990-1999
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More fundamental still is the question of whether the budget really should be balanced every year. A sudden, deep recession, for example, could throw any budget out of whack by reducing tax collections and increasing spending for unemployment benefits. Restoring balance would require a big tax increase, a sharp cut in spending or both -- and that would make the recession much worse...
...applying a more personal touch. When he works on a piece of legislation, he first isolates the likely swing votes, then has his software scan a database of the corresponding congressional districts, seeking residents whose profiles suggest sympathy with his cause. When influence is in order -- after, say, a sudden and threatening development at a committee hearing -- his people call these sympathizers, describe the looming peril and offer to "patch" them directly through to a congressional office to voice their protest. "But only in their own words," stresses Bonner, mindful that congressional staffs are getting better at spotting pseudo-grass...
...caucuses past. One chose to look at the bright side. As chairman, he said, "you're dealing with a bunch of little rug rats whining about what they want and what they didn't get." Ceding power is "like getting out of the day-care business. All of a sudden, it looks like a good deal." So is Newt Gingrich nanny to the nation? He will certainly get to conciliate and cajole, to deal and dole out, to demand and deliver -- with all the clout of a victorious revolutionary, with all the prestige of a virtual President...
...readying for a new round of attacks, President Zedillo decided to lower the peso by about 12 percent. Then, in a surprise to almost everyone, he allowed the peso to float against the dollar. Investors were used to being warned well in advance of a devaluation. This sudden move scared them, causing them to start unloading Mexican securities. The peso continued to drop...
Take, for example, the sudden loss...