Word: wrongfully
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Dates: during 1980-1989
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...flaw in Deng's retirement plan was that he bet on the wrong man. His handpicked successor, Hu Yaobang, 72, a keen reformer, was dismissed as party leader in January for failing to control student demonstrators who were demanding freedom and democracy...
...stocks remain $850 billion below their recent high. Moreover, while many big shots may be persuaded that the market is safe to re-enter, the general population will not soon forget the spectacle of Wall Streeters in a panic. Consumer confidence shows signs of flagging at just the wrong time, the beginning of the Christmas retailing season...
...even as the summiteers began meeting, a strange alliance of economists grumbled that the policymakers were taking exactly the wrong tack. That might have been expected from supply-siders, who are opposed to just about any tax increase at any time in the belief that it depresses economic activity. What was surprising was that they were joined by some orthodox Keynesian economists, who ordinarily are at ideological swords' points with the supply- side school...
...anti-action case: the aftershock of the stock-market quake might tip the U.S. into a recession next year. And that is the wrong time to slash away at the deficit; tax 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...
...school, Raffield quickly aroused suspicion. "When someone tries so hard to fit in fast, you know something is wrong," said a teenager familiar with the scene. Raffield obviously was not a typical student. For one thing, ( the school assigned him three lunch periods. Some students called him "21 Jump Street," after the TV show about undercover cops on the high school beat...