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Word: effect (lookup in dictionary) (lookup stats)
Dates: during 2000-2000
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Usage:

...flown to the nation's capital and then sequestered at a house in suburban Maryland where he and his father got reacquainted (above) and waited for the courts to determine their fate. Finally, on June 28, the Supreme Court declined to consider the case, thus leaving in effect a decision respecting the father's wishes. The Gonzalez family headed for the airport. Their plane touched down outside Havana late in the day. Cubans in the U.S. and in the boy's homeland were chanting, for very different reasons, "Elian...

Author: /time Magazine | Title: The Year in The Nation | 12/31/2000 | See Source »

...prospects that he cashed out all his stocks in 1997, when the Dow Jones average was still at 8,500. And for Lindsey, a dedicated supply sider, the remedy for recession just happens to be a tax cut. Most economists insist, however, that tax cuts have very little effect on recessions, largely because their benefits kick in too late to affect the problem. To pre-empt his critics, Bush could redesign his proposal to provide accelerated benefits. One possibility being discussed among his advisers would be to change the formula by which payroll taxes are withheld, as his father...

Author: /time Magazine | Title: Is a Tax Cut the Right Remedy? | 12/30/2000 | See Source »

...power is probably a lot stronger now. Despite U.S. funding of Iraqi opposition activity, it's generally agreed that the best hope for ousting Saddam remains his health. International sanctions against Iraq are collapsing because European and moderate Arab governments don't believe they're having any positive effect. At the same time, the U.N. arms inspection team is no longer on the ground, which means that nobody quite knows what Saddam?s scientists may be cooking up. The Iraqi dictator seems increasingly cocky. In December he tried his luck at cranking up the oil price, and although that failed...

Author: /time Magazine | Title: For Urgent Attention: President Bush | 12/28/2000 | See Source »

...Clinton Legacy: Plenty of wishful thinking. The Clinton Administration pushed Yeltsin to rush through a series of market reforms whose effect has been the impoverishment of millions of ordinary Russians and the empowerment of a tiny oligarchy whose roots in many cases were in the underworld. Yeltsin generally raised no objections to Washington's foreign policy initiatives as long as Russia remained the recipient of billions of dollars of Western aid. But once corruption made aid impossible, Russia was essentially cut loose...

Author: /time Magazine | Title: For Urgent Attention: President Bush | 12/28/2000 | See Source »

...afford not to do it. This has been Bush's way of softening the fiscal ground ever since the fall. The economy is slowing down. Consumer confidence is fading, the "wealth effect" of the rising stock markets is a pleasant memory, and the best way to head off a recession - consumer spending accounts for two-thirds of U.S. economic activity - is to put some spending money back in the people's pockets...

Author: /time Magazine | Title: The Selling of the Tax Cut: First Stop Greenspan | 12/27/2000 | See Source »

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