Word: preservationist
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Dates: during 2000-2009
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...been the same for a long while. Stock market flat. Corporate earnings depressing. Capital spending by businesses - the collapse of which started this slowdown, and the resurgence of which must occur to finally end it - still in deep hibernation. Alan Greenspan slashing rates with the zeal of a self-preservationist, a half-point at a time, on five straight occasions. (Twice between meetings...
...wave of popular support - Koizumi comes in with a 65 percent approval rating - got the rebel this far. But having given Koizumi his shot, the calcified, self-preservationist LDP elders will not be as eager to watch him engineer their downfall. Koizumi, who likes to talk about changing Japanese elections to bypass the LDP machinery, started incurring factional wrath on his first day in office Friday with his old-guard-snubbing cabinet selections...