Word: wakeful
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Dates: during 1980-1989
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Senators and former Law School colleagues of Judge Douglas H. Ginsburg expressed anger over his decision to withdraw his nomination to the Supreme Court in the wake of revelations that he had used marijuana...
...wake of the discovery of an unauthorized wiretap on the Harvard Law School office telephone of Tyler Professor of Constitutional Law Laurence H. Tribe '62 last week, Harvard officials said they conducted a follow-up investigation of several other professors' phones...
Some reform proposals are likely to help -- or hurt -- more than others, and it may not be entirely healthy that they are coming up for consideration in the wake of a traumatic and ill-understood crisis. And what regulatory changes are eventually made could still depend on how those crotchety and volatile markets perform in the months ahead...
...economic situation fester too long, and eventually there are no good policy choices. That was a favorite saying of the late Arthur Burns when he piloted the Federal Reserve Board through the inflation-ridden 1970s, and it applies with equal force to the dilemmas facing Government policymakers in the wake of the stock market's Crash of '87. A babble of conflicting voices warns of peril in almost any course the economic managers might take to reduce the budget and trade deficits and force the country to live within its means. And those warnings cannot be lightly dismissed. There...
...boosts and cuts in Government spending would deepen any slump, because they would reduce the amount of money in consumers' hands. Some worriers go so far as to raise the ghost of Herbert Hoover, who slashed federal spending and persuaded Congress to raise income tax rates sharply in the wake of the 1929 Crash. Says University of Tennessee Economist Paul Davidson: "Cutting the deficit at this particular time would be the worst thing we could do. It would be Hooverism all over again. If the budget cuts proceed, we could slip into another Great Depression...