Word: slowdowns
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Dates: during 1990-1999
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...last time the forum took place, in late 1990 after the start of the current slowdown, the panel accurately predicted a protracted slump. This time the issues were just as pressing: Why is the recovery so abysmally slow, and what hope can be found in the economic proposals of George Bush and Bill Clinton? For his part, Sinai predicted a long grind, but saw bright spots emerging. David Hale, chief economist of Kemper Financial Cos., called for a combination of "Bush's trade policy with elements of Clinton's domestic policy." Dan Lacey, publisher of Workplace Trends, saw little...
...largest airline alliance ever and could accelerate worldwide consolidation of the industry. The most immediate impact, though, will be to rescue the Arlington, Va., carrier from a cloudy financial future. After expanding rapidly in the late 1980s, USAir was blown off course by the economic recession and a slowdown in air travel. It has lost more than $800 million since 1989, including $149 million so far this year...
...Even the slowdown in Amazon destruction, critics say, owes less to Collor's policies than to a sagging economy. Says Willem Groenefeld, who runs an environmental institute in the Amazonian state of Rondonia: "Nobody has any money to cut the forest down...
GOVERNOR CLINTON: The country is in the grip of two economic crises. The one that most people are preoccupied with is the three-year slowdown, the slowest three years of any presidency since before World War II, coming at the end of a decade of productivity decline. The result is the loss of a lot of our economic leadership, the collapse of a number of our high-wage jobs and the concomitant disintegration of a lot of the important parts of our society: more children living in poverty, more people working below the poverty line. Everybody concedes that somewhere between...
...happen, say experts. "The slowdown in the Japanese economy will not hurt the U.S. very much," observes Robert Wescott, senior international economist at the WEFA Group, an economic forecasting firm. "For political and economic reasons, Japan wants to maintain a solid relationship with this country. They will try to keep up imports from the U.S." The brunt of the Japanese recession will be felt in Asia and Europe...