Word: deficit
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Dates: during 1970-1979
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Nationwide opinion polls released last week showed that Carter is gaining among Democrats in trial heats against Kennedy. From a dismal 53%-to-16% deficit in July, the New York Times-CBS poll now places the President at 45% to 25% behind the Senator. Carter's approval rating in an Associated Press-NBC survey has risen to 24%, a climb of five points from a month ago. Better yet for Carter, this poll also disclosed that half of all Democrats now want him to seek reelection, a notable jump from...
...efficient Oriole machine, three games to one. "All we need is three one-day winning streaks," Stargell calmly pronounced. Just as calmly, the Pirates reeled off three straight victories and became only the fourth team in the Series' 76-year history to surmount such a daunting deficit...
...begins to reduce the chronic trade deficit with Japan
...flood of manufactured goods coming out of Japan, the Japanese trade tour, organized by the Department of Commerce, is aptly timed. Last week on both sides of the Pacific, there were signs that the chill in Washington-Tokyo relations caused by the U.S.'s chronic and massive trade deficit with Japan was beginning to dissipate. Said Mike Mansfield, U.S. Ambassador to Japan: "It's been a good summer. I haven't heard the word protectionism for months." By contrast, he said, the previous two years had been "among the most difficult in the U.S.-Japanese relationship since...
...with Japan, the new mood was based on encouraging statistics. Says Mansfield: "In the first half of 1979, our exports to Japan were up 46% compared with a year ago. Our imports from Japan were up too, but only by 8.8%." Last year the U.S. ran an $11.6 billion deficit in its trade with Japan; in 1979 the figure is expected to drop to about $9 billion, a 25% decrease...