Word: anguishes
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...scare word-psychologically laden with history and anguish-rather than a sensible description of what could happen in a modern U.S. economy. No one talks of a 50% drop in national production, or a 25% jobless rate-the experiences of the 1930s that gave the word depression its menacing ring. Indeed, if the current downturn ever approached such severity, the great majority of economists are confident that the Government could forestall a repeat. Says Martin Feldstein, president of the National Bureau of Economic Research: "If we really found ourselves falling off a cliff, there is very little disagreement about...
...that he needed solace, an emotion that he considered weak but that was in fact the most human reaction possible. It makes no real difference. At the moment of his fall, I felt for Nixon a great tenderness-for the tremendous struggle he had fought within himself, for his anguish, his vulnerability and for his great aspirations defeated in the end by weaknesses of character that became destructive because he had never come to grips with them. If I did not in fact embrace him, I felt...
That mood passed too as Nixon's anguish engulfed us all. In defeat and disgrace he had at last prevailed; he had stripped us of our reserve; our hearts at last went out to this man who transcended his extremity by refusing to act as if he were defeated...
...tell Paul Volcker about the anguish of high interest rates and a moribund economy. Whereas many top Government officials can often find themselves cushioned from the consequences of their actions as public servants, the chairman of the Federal Reserve has been feeling the direct and personal impact of his economic prescriptions virtually every day of his life for the past 2½% years...
...private anguish of cash woman cuts her off from any relief as she retreats further and further into her own shame, imposing a double exile; her own and the world's What is left these people who have chosen to continue rather than to interrupt and redirect their lives, is a bewilderment of absolute intensity. The incident goes deeper and deeper until there is only in their lives this sharp hart which is felt as a sadness that seems to have no cause, that haunts them, that gives them throughout a sense of somewhere having failed, of always being under...