Word: classical
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Dates: during 1980-1980
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...party been able to find new loyalists to replace the defectors. In part, the Democrats have been the victims of their own success. They have enacted much of the classic liberal agenda?generous welfare plans, unemployment compensation, Social Security, Medicare, civil rights legislation. Some of the beneficiaries of these programs no longer consider themselves to be Democrats. Says Sol Chaikin, president of the International Ladies Garment Workers' Union: "You have a group that has moved out of the proletariat into the broad middle class...
...aggressive growth, especially in exports, agriculture and the creation of new energy sources. Thus he is pressing ahead with development projects like the $10 billion Itaipu Dam, the world's largest hydroelectric project. As Delfim explained to TIME Buenos Aires Bureau Chief George Russell: "We are a classic case of an underdeveloped country with an excess of government spending and with difficulty in expanding exports to cover the cost of imports...
...demonstrated in the classic j Great War and Modern Memory (1975), Fussell has the rare ability to move ( between literary and social criticism without stumbling. He is equally adept at explaining the rise of sun worship in the '20's or at arguing that the travel books of the period deserve attention as works of narrative art. Some of the volumes he likes best are no longer in print, a sad situation that his own book may help remedy. A single passage by Evelyn Waugh in Labels is more than enough to justify all that roaming around that...
...many professional investors, the most convincing buy signal came in early July, when it turned out that second-quarter corporate profits had declined by a less-than-expected 9%. Says Barton Biggs, a managing partner at the Morgan Stanley & Co. investment banking firm: "The market is tracking a classic recession pattern. In general the best gains have come after the worst decline in corporate earnings...
...speech, which the media powers that be quickly filed away under classic, drew on the fathers of Democratic liberalism--Ronald Reagan "has no right to quote the words of Franklin Delano Roosevelt," Kennedy said to the biggest cheers of his address. Offering a "New Hope" where his brother had offered a "New Frontier," Kennedy moved beyond his standard economic line to evoke the image not only of a generation mired in economic misery, but also a "generation unsurpassed in its potential...