Word: tighteners
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Dates: during 1980-1989
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...being hyper-credulous simps. His first two tactics for system beating, his Vague Generalities and Artful Equivocations, seem to presume the latter, and are only going to convince Crimson--reading graders (there are a few, and we tell our friends) that the time has come to tighten the screws just a bit more...
...reduction in public spending. But President Raul Alfonsin, installed in December after eight years of military rule, feared that too much austerity would cause civil unrest, possibly toppling his fragile democratic regime. The government drafted a letter of intent in June in which it said it would try to tighten its belt, but that was not enough for the IMF, which wanted more concrete austerity plans. It rejected Argentina's as inconsistent and unworkable...
State Department officials have insisted, however, that the Israelis must first tighten the country's belt several notches. In a 90-min. session with Finance Minister Yitzhak Moda'i last week, U.S. Ambassador to Israel Samuel Lewis abandoned his mild-mannered style to deliver a stern lecture on frugality. "You are going to have to drop your standard of living and live within your means," he said. Moda'i seemed to take the injunction to heart when he described the Lewis get-together later to a group of Israeli manufacturers. "This was almost the motto...
...moved from 11% to 13%, pushing up the cost of borrowed money. Market watchers have feared that the Government's need for funds to finance the deficit and the loan demand of corporations trying to keep up with the quickly growing economy would force the Federal Reserve to tighten the money supply. The result: higher borrowing costs, which would cause depressed corporate profits...
...Latin countries resent being asked to tighten their belts when Congress has been so slow to tackle the U.S. budget deficit. The House has passed a modest plan to lower spending and raise taxes by $182 billion over three years, while the Senate has approved an even less ambitious reduction package that adds up to $142 billion through 1987. Such efforts will still leave the annual deficit in the unacceptable $200 billion range...