Word: tides
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Dates: during 1980-1989
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...investment affect America's industrial strength and ability to compete? Just how much overseas investment is good for the country, and how much of America should foreigners be allowed to buy? What other kinds of control might follow? What will happen if nothing is done to stem the buying tide? Warns Lawrence Brainard, chief international economist for Manhattan's Bankers Trust: "By the end of this century, the U.S. may have the most modern manufacturing sector in the world, but it won't own it." Says Democratic Representative John Bryant of Texas: "America has been selling off its family jewels...
With the stock market setting new records, inflation quiescent and unemployment dropping below 6%, pressing economic problems like the deficit and the trade imbalance remain abstract to most voters. Chastened by the experience of Walter Mondale, most Democrats (save for Swim-Against-the-Tide Bruce Babbitt) are reluctant to propose higher taxes. An example of the painless-dentistry approach to the budget is Dukakis' suspect claim that up to $110 billion can be raised by stronger enforcement of existing tax laws...
...course, some letters are a bit dry and impersonal, like those of General George Marshall. But others impart an intimate texture to the tide of history. The candid correspondence between Franklin Roosevelt and Winston Churchill, for example, casts vivid light on the minds of these two great men and the depth of the wartime alliance that they were able to forge. Likewise, Eleanor Roosevelt wrote letters every day. "They provide a diary of the movement of her psyche," says Joseph Lash. "Without them, Eleanor and Franklin and Eleanor: The Years Alone could not have been written...
...result, predicts Wattenberg, may be a massive shift in world military, economic and ideological power. The West may find it "difficult to promote and defend liberty . . .Western nations ((could)) no longer shape either the political agenda, the culture or the direction of the global community." Moreover, Wattenberg writes, the tide of Third World immigrants to the U.S., combined with the lower ratio of white births to domestic black and Hispanic births, may reduce the proportion of European-descended stock in this country from the present 80% to 60% by 2080. The upshot could be social "divisiveness and turmoil...
...York City, with the nation's largest IV addict population, Stephan Sorrell, a streetwise physician at St. Luke's-Roosevelt Hospital Center, calls for more radical interventions. "If we want to stem the tide of this epidemic," he says, "we have to open more methadone-treatment slots. I'd suggest that we go to Needle Park and give away methadone and syringes rather than letting the dealers sell heroin." Currently, there are only 30,000 methadone slots for the city's 200,000 or more IV addicts. Last week New York Governor Mario Cuomo announced that the state would...