Word: trend
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Dates: during 1980-1989
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...global U.S. strategy is adequate military strength. Many experts believe that the Soviets have been tempted to become increasingly adventurous in part because the Pentagon has lost its clear-cut global strategic superiority. This has followed from nearly a decade of tight U.S. defense budgets, but the trend is now being reversed by Carter's call for an annual 4.8% real increase in Pentagon spending over the next five years. More immediately, the U.S. could improve its military posture in the Middle East by obtaining bases there. Egypt and Israel have already offered use of their faculties; in the Indian...
...sort of pictorial symbolism by seeing Bernard's, Serusier's or Gauguin's Pont-Aven paintings against the more ordinary folklorique images by now forgotten academicians like Emile Vernier or Alfred Guillou. Never before had French art experienced such a plague of nuns and innocent provincial virgins. The trend was neatly parodied by a journalist, Alphonse Allais, who in 1883 exhibited a perfectly blank sheet of white paper with the title First Communion of Anemic Young Girls in the Snow...
...class of theater, "Off-Off-Broadway," emerged. Save for disco, popular music spawned nothing as revolutionary as acid rock and electronic music had been; soul, reggae and punk rock were all, at best, footnotes, not the main text. So-called "new wave" has the potential to become a significant trend, but hasn't yet spawned the lifestyle disco...
...turn, push up labor costs, which in turn, push up prices--a "dog-chasing own-tail" inertial process that, once it becomes embedded in the economy at a certain speed, is very hard to slow down. If yesterday wage rates were rising at 9 per cent, with trend productivity increasing at 1 per cent and therefore labor costs per unit rising at 9 minus 1, or 8 pre cent, prices will be rising at 8 per cent, which, to complete the circle, will tend to cause wage rates to continue to rise at 9 per cent. That's the inertial...
...remain in the system, in the past 4½ years some 300 have left it. Most have been small banks, but there have been some big defectors too, among them Pennsylvania's National Central Bank, which has deposits of $1.5 billion. Federal Reserve Chairman Paul Volcker calls the trend "serious and insidious...