Word: shifting
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Dates: during 1990-1999
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These are times of shifting societal values, from an appetite for natural resources to a concern for environmental quality, from the need for a strong defense to the reality of eased world tensions. Each shift brings dislocation and hardship. When revisions to the Clean Air Act pass Congress, the use of high-sulfur coal will be curbed, and thousands of West Virginia miners will lose their careers. And the scaling back of the defense budget could put thousands more on the unemployment line...
...cleanup bill mounts, political mudslinging is likely to increase. "The Government needs a sideshow to shift focus from the cost of dealing with the problem," says Paul Horvitz, a finance professor at the University of Houston. At this point, the biggest new scandal would be to push the increased bailout cost into the future by borrowing more money. Felix Rohatyn, the Manhattan investment banker and fiscal gadfly, proposed last week that the Government pay for the bailout with a 5% surcharge on federal income taxes, which could raise $25 billion to $35 billion a year. Borrowing the money instead...
...without compromising the magazine's liberal ideals. But he has also made his presence felt in the paper's editorial content. As a prominent member of Stop Withholding Access Today (SWAT), a group formed to protest discrimination at the nine all-male final Clubs, he contributed to Perspective's shift toward an activist slant...
...briefly, what we're talking about is a shift in direction comparable in magnitude to the October Revolution, because we will be replacing one economic and political model with another...
...Like virtually all his fellow citizens, Gorbachev is absorbed by the Soviet Union's domestic problems. He described as a "shift in direction comparable in magnitude to the October Revolution" the package of reform measures that his Prime Minister, Nikolai Ryzhkov, publicly announced two days later. He added, however, that they would not require so many sacrifices as Poland's "shock therapy," which entailed skyrocketing prices and widespread unemployment...