Word: tradings
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Dates: during 1980-1989
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...should never let the top tax bracket creep back up past 33% (it was 70% as recently as 1981). But you do tax the things you'd like to discourage, like inefficient energy consumption (and its attendant pollution), reliance on imported oil (which threatens national security and worsens the trade deficit) and tobacco (widely recognized as the nation's leading cause of preventable death...
...since last spring, completely wiping out the effects of a summer rally that had lifted the currency nearly 10% by late August, to a peak of 136 yen. Buoyed in part by a booming U.S. economy, the currency threatened to become strong enough to hinder progress in closing the trade...
...Election Day drew near, currency traders grew bearish on the dollar, sending it to the 125-yen range. They blamed a slowdown in the U.S. economy, the surge last month in the trade-deficit figures and a concern that the next U.S. President will be unable to tackle the budget deficit...
Bush will face a far easier road in foreign affairs. With the exception of a deteriorating situation in Central America, the world map could hardly look friendlier. The Soviets appear eager to ease tensions, improve trade, talk arms control and relieve pressure on their disastrous domestic economy. Bush says he has learned the value of a hard-line, waiting approach from Reagan. He will be more eager than Reagan to exploit the new foreign policy trends in the Soviet Union, though he will be extremely cautious about destabilizing Eastern Europe and prompting a Soviet crackdown...
Lately, almost every Steinbrenner trade has been a resounding failure because he gets rid of players for personality conflicts and brings in players who have no personality--or character--and cannot play in New York...