Word: abortions
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...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...
Liberals and conservatives are joining forces now to warn of the dangers of the deficits. Walter Heller, a Democrat who was chief economic adviser to both John Kennedy and Lyndon Johnson, argues that the Administration's deficit spree might induce such tight money that it would abort any recovery. Heller wants to shrink the deficit mainly by raising taxes in 1983, a step that could batter the economy even lower. Some conservative economists predict that the result of the red ink will be higher interest rates. Says Burton Malkiel, an adviser to Gerald Ford and now dean...
...about 5100 at the University. Chances are Congress will soften the blow somewhat this spring, as it modified Reagan's education reductions for 1982. But as tuition costs rise, anything even approaching the Administration's proposal could force hundreds of thousands of aspiring historians, physicians, lawyers and engineers to abort their plans for the future...