Word: hike
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Dates: during 2000-2000
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...Greenspan has left Bush a handy platform in the meantime. A growing chorus of economists think Greenspan's last half-point hike in May was overkill, and that the slowdown is indeed happening too fast. The markets are demanding a full point of interest rate cuts from the Fed chairman in the next six months, and many expect him to begin with a surprise, pre-FOMC-meeting cut in the next few weeks, coming perhaps as soon as the next unemployment figures, due out in early January. That would only help Bush set a properly gloomy mood...
...softening up the ground a little for his $1.3 trillion tax cut. It's not Clinton's fault, though it's still on his watch; the economy, with a lot of help from global doldrums (Japan just keeps getting worse and worse), is coming in for a rate-hike induced landing after a torrid spring...
...council faces a funding crisis. This year the council has been forced to drastically cut back on grants to student organizations. Unless a termbill hike is approved expeditiously by the administration, Gusmorino and Lee likely will find themselves hamstrung by lack of money. It would be a shame if they were unable to accomplish their goals due to the unavailability of funds. With this concern in mind, the council considered a bill on Sunday to withdraw from the Ivy Council...
...problem with time. There he was in April, standing in a grove of 3,000-year-old giant sequoias in central California, about to declare them a national monument as part of his green legacy. But the Secret Service told him he had only 10 minutes for a "hike in the woods." Clinton bounded off through the sequoias, fascinated by the 300-ft. skyscrapers that spring from a seed smaller than a rice grain. He returned, behind schedule, to make his designation speech before zipping off by helicopter to a fund raiser in southern California...
...tremendously popular with the population as a whole. Some 10 million visitors come to the Sequoia National Forest every year, and few of them want to see a return to the clear cutting that was carried out in the area up through the 1980s. After an hour's hike uphill to the snow line of the forest, Fontaine points to a 200-ft.-tall sequoia that fell 10 years ago right on the fringe of a heavily logged area. He thinks erosion around the 1,200-year-old roots caused its fall and curses loggers for leaving the tree without...