Word: aborting
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Dates: during 1980-1989
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Hans Mast, a University of Zurich lecturer and executive vice president of Crédit Suisse, feared that persistently high interest rates could even abort the incipient European recovery. Warned Mast, who attributed the high rates, at least in part, to lingering worries about a resurgence of inflation in the U.S. and to the Federal Reserve Board's tight-money policy: "The prospects as seen from Switzerland are very chilling indeed. The three major short-term economic problems of our time have not been resolved." The first, in Mast's view, is unemployment, which "could rise to socially...
Increasing taxes is one sure way to depress further the already weak economy and abort the incipient recovery. Taxing yourself out of a recession is like trying to borrow yourself out of debt. The result of more and higher taxes will be reduced revenues and even greater deficits. Additional tax cuts will do far more to stimulate the recovery...
...economy is perking along and prices are beginning to inch up early next year, the Federal Reserve may find that it will have to tighten credit in order to preserve its hard-won gains in the price fight. That, some economists fear, could force interest rates back up and abort a recovery before it really takes hold...
...Brown to Brzezinski: "I think we have an abort situation. One helicopter at Desert One has hydraulic problem. We thus have less than the minimum six to go." C-130s to be used to extract. Request decision on mission termination from the President literally within minutes [because of the importance of completing the operation at night...
...across much of the nation. Moreover, several major banks last week raised their prime interest rate on business loans back up to 16½%, canceling the half-point drop of a week earlier and reinforcing a winter-long level of sky-high interest charges that could all too easily abort an early recovery from recession, or keep the rebound weak when it does begin...