Increased fragmentation of production across international borders - a natural outgrowth of the gains from specialization - meant more trade for any given value of final production, thus adding to the major expansion in gross trade flows in the 1990s… — Jerome Powell Copy Share Image
From the Medicare prescription drug plan to the creation of the Department of Homeland Security and the passage of No Child Left Behind, President Bush presided over a major expansion of the reach of government. — Chuck Todd Copy Share Image