Word: abortment
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...Grenada operation became subtly intertwined with the atrocities in Lebanon. With so many American lives just lost, could Reagan risk more so soon in a military action he had the power to abort? Momentarily, he considered abandoning the invasion. Never, recalled an aide, had Reagan felt the burdens of the presidency so heavily. Could we permit "more blood on our hands?" one adviser asked somberly...
...afflicts their two-year-old son. For both couples, the odds are one in four that any child they bear will be defective. When the two wives became pregnant earlier this year, they intended to undergo amniocentesis, a test to determine if the fetuses were normal. Each planned to abort...
...strong upturn is continuing. U.S. industrial production rose 1.1% in June, the seventh monthly increase in a row, while June retail sales gained .7%. Says Walter Heller, chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson: "A percentage point increase on the interest rate would not abort the expansion because it's got a lot of speed-but then it needs a lot of speed." He added, however, that "it would be dangerous to tighten too much." Observes Alan Greenspan, who was President Ford's chief economic adviser: "Higher interest rates now will have very...
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...