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Their continued existence poses a serious threat to lasting expansion -- and yet, puncturing them raises the grave risk of deflation.
In order to ensure that today's tentative recovery becomes a lasting expansion, the government must now make it a priority to deal with employment — particularly among small businesses.
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When that last expansion occurred, Richard A. Grasso, who was then chairman of the exchange, had bigger plans.
The N.H.L.'s last expansion took place in 2000, when Minnesota and Columbus joined the league.
By 1998, the last expansion year, and 1999, a record-high 70 players -- twice as many as in Baker's last season -- struck out that many times.
Even the gallery space, which totaled 80,000 square feet after the last expansion, completed in 1984, was considered inadequate for the kinds of art the museum was acquiring.
That was down from 15.1percentt in 1993, but virtually the same as at the peak of the last expansion, in 1989.
The "Highlights" show, meanwhile, recalls earlier incarnations of the museum, bringing back some of the intimacy that was lost in the Modern's last expansion, completed in 1984.
NATO gave Russia's voice a small role in its last expansion wave, in 1999, but ultimately ignored the opposition and admitted the Czech Republic, Hungary and Poland.
The economic crisis has been hard on everyone and middle income earners did not enjoy the fruits of the last expansion as much as the wealthy.
Three-quarters of Germans opposed the last expansion of the EFSF, which they see as a transfer of money from virtuous countries to feckless ones.
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