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Updated: May 27, 2025
So let's put these times in perspective. Together, since 1981, we've created almost 20 million jobs, cut inflation in half and cut interest rates in half. Yes, the largest peacetime economic expansion in history has been temporarily interrupted. But our economy is still over twice as large as our closest competitor. We will get this recession behind us and return to growth soon.
This, where the supply is already to a deplorable extent niggardly, can ill be afforded; for which reason the operation of determining a star's approach or recession is, even apart from atmospheric obstacles, an excessively delicate one. It was first executed by Sir William Huggins early in 1868.
Where the ice halted for a time in its general retreat, it left RECESSIONAL MORAINES, as this variety of the terminal moraine is called. The moraines of the Wisconsin drift lie upon the country like great festoons, each series of concentric loops marking the utmost advance of broad lobes of the ice margin and the various pauses in their recession.
Chesterton imagines an international tribunal deciding in favour of Austria concerning the recession of Venice and Lombardy, and summoning the forces of United Europe to coerce Italy into submission are, of course, based on the assumption that a United Europe, having arrived at such understanding as to be able to sink its differences, would be the same kind of Europe that it is now, or was a generation ago.
And, while danger continues, a deadly threat has been removed in Cuba. At home, the recession is behind us. Well over a million more men and women are working today than were working 2 years ago.
No recession of the submarine program was thought of or proposed; no change of policy was possible In fact, this denial brought with it tidings that the periods of grace Germany granted to neutral ships entering the prohibited zones had expired and that all immunity from attack and destruction had therefore ceased. Then it developed that Dr.
We had twice offered to settle upon 49 degrees, which limit the rapid growth of our population in the region induced England in 1836 to accept. Whether Polk's blustering demand for "all Oregon," which came near bringing on war with England, and his much condemned recession later, were mere opportunist acts, is still a question.
This place where we landed was a kind of beach left by the recession of the ice, all the rocks immediately about us were ice-worn, and the place was paved with ice-worn boulders. Two huge bluffs put their foreheads together above us and hid the glacier from us, but one could feel the near presence of ice in the air.
It would be out of place to enter upon the numerous geological speculations which have arisen upon the structure and recession of Niagara. It seems as if the faint light which science has shed upon the abyss of bygone ages were but to show that its depths must remain for ever unlighted by human reason and research.
For 15 years no other free nation has demanded so much of itself. Through hot wars and cold, through recession and prosperity, through the ages of the atom and outer space, the American people have never faltered and their faith has never flagged. If at times our actions seem to make life difficult for others, it is only because history has made life difficult for us all.
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