Word: upturn
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Dates: during 1990-1999
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...about nothing here, from a broad economic point of view," said Sinai, noting that the candidates' tax and spending proposals tended to offset each other, leaving little room for stimulus. The Bush program, which is chockablock with spending cuts to pay for | tax reductions, "would make a weak upturn a little weaker," Sinai said, while Clinton's plans "would make a weak upturn no worse, but not really any better." In the long run, he added, "the Clinton program would give us more productivity and more potential output...
...carry the county again, but if he doesn't get a 300,000-vote plurality here, there's no way he'll take California." And that, says Representative Robert Dornan, one of the county's five Congressmen, "is iffy at best, unless there is a measurable and perceived economic upturn...
...Democrats are in a no less awkward position. They cannot openly root against a recovery, although a sharp upturn could dash the party's election hopes. Both Bill Clinton and Jerry Brown, therefore, must concentrate on attacking Bush's economic stewardship no matter how the recovery develops. "Clinton entered this race because the country has suffered for 11 years without an economic strategy that would make us richer over the long term," % says Bruce Reed, a deputy campaign manager for the Arkansas Governor...
Many businesses are likewise waiting impatiently for the upturn to reach them. "The recovery -- yeah, they announced it the other day," scoffs Tom Barrows, 57, who runs an office-supply shop in Atlanta. "It was good they told me, because I didn't know. I'm not seeing any turnaround or new confidence." Concurs Robert Deck, 48, a Michigan steel salesman: "Nobody's carrying any inventory. If you get an order, it's just enough to get them through that...
...real task of completing the comeback that Iacocca began more than a decade ago. On the positive side of the ledger, years of employee teamwork have created a new generation of promising Chrysler cars, Jeeps and minivans. "You couldn't want better vehicles to market, heading into an upturn in the economy," says Joseph Phillippi, who watches the industry for Shearson Lehman Hutton. At the same time, Chrysler's chronic cash crunch (it lost $795 million last year) makes it crucial for the vehicles...