Word: turnaround
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Dates: during 1980-1989
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Britain's economic condition is indeed worse in virtually every respect than when Thatcher took office. At the outset, she had said it would take 18 months to two years for results to show, but that timetable is nearly up and the turnaround is nowhere in sight. Inflation, 10% when the conservatives came in, is now 15%, though that is a considerable improvement from a high of 22% last summer. The gross national product has fallen from 1.5% growth in 1978-79 to a negative 3% for 1979-80. Some 10,000 businesses went bankrupt, a record. Unemployment climbed...
There has, however, been a "very clear turnaround" in the trend of students away from graduate study in the arts and sciences, Leape said. "Students are going to give it a try," she said, adding that they may end up using their Ph.D's for "personal enrichment...
...other hand, hopes are high that Reagan will swiftly assert more leadership than Carter did. Two-thirds of those questioned expect noticeable results in that aspect of presidential performance within the first year of the Reagan Administration. Similarly, voters anticipate a fast turnaround in the relationship between the President and Congress, with 71% saying it is realistic to expect improvement within a year...
...Well, I know. Hell, I could have campaigned on the same things he campaigned on. The only difference was he forgot them between Plains and Washington. He's done virtually a 180° turnaround on almost everything he said he was going to do. Again, I just plead my record. In California, I kept trying to do the things I said I was going to. He had a record and, damn it, he was not a good Governor. Streamlining government, for example. He did not streamline government. He just bunched up a whole lot of departments under one title...
...early 1970s, however, there were signs of a turnaround. The company moved its headquarters from Philadelphia to New York City and began building up an overseas affiliate network. Then, in 1976, Louis Hagopian, 54, the aggressive son of an Armenian shepherd, who had been director of advertising at Chrysler's Plymouth division before joining Ayer in 1960, took over as chairman. In the next three years he added 48 new accounts and increased billings from $190 million to last year's record $428 million...