Word: sectored
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...strikes back to the Stalinist model of forced industrialization that was imposed on Poland after World War II. Compounding the error, the government in 1971 moved to modernize Polish industry with heavy infusions of Western technology and capital. Former Party Boss Edward Gierek dreamed of a throbbing new industrial sector that would spew out exports for Western markets and earn hard currency to repay Poland's debt and raise its standard of living. The plan backfired in the mid-1970s when Poland, hampered by mismanagement, rising energy prices and a Western recession, could not sell its inferior products abroad...
...reconsider the proposed new MX missile system and seek a cheaper and more imaginative modification of our current missile arsenal. It has been recommended that upon taking office tie declare a national economic emergency; that he seek congressional authority for a series of radical steps to bolster the private sector...
...effects of domestic policies either. Interest rates and corporate taxation may cause plenty of anguish at three-martini lunches, but the political dynamite of our society comes from chronic unemployment and inflation along with the futility of many poor neighborthoods. The current stagnation prevents both the public and private sectors from assisting the poor they once did. While Muller is right to dismiss the voguish speculation on taxation and capital formation as irrelevant to future prosperity, he provides no radical response to pressing social problems. He advocates a decentralized, grass-roots reform of labor, corporations and government relationships. Muller outlines...
Second-mortgage financing, which once was about as respectable as borrowing money from people in dark alleys, has become a hot new growth sector in banking. An estimated $20 billion in these loans is currently on the industry's books, with some 50% of that having been added in the past year alone. New Jersey's City Federal Savings and Loan Association, the nation's 25th largest thrift institution, has nearly tripled its second-mortgage portfolio, to $118 million, during the year. United Jersey Bank, a leading commercial bank lender in the state, has been trying...
Dissenting Justice William Rehnquist chided his brethren for not deferring to the legislature's judgment on the law's purpose. Moreover, wrote the court's leading conservative, "the Establishment Clause does not require that the public sector be insulated from all things which may have a religious significance or origin...