Word: beryl
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...Production will rise more than expected. In December the board's average prediction was that real gross national product-total output of goods and services, discounted for inflation -would rise 6.2% in 1976. Now the range of guesses is from 6.3% (Beryl Sprinkel, executive vice president of Chicago's Harris Trust & Savings Bank) to 6.9% (Otto Eckstein, head of Data Resources Inc., an economic consulting firm...
Critical Point. The more conservative economists on TIME's Board feel Ford is just about on target. "I feel comfortable about the move," says Murray Weidenbaum of Washington University. Argues Beryl Sprinkel of Chicago's Harris Trust & Savings Bank: "We are devoting 40% of our national income to Government, and that's too high. High spending means high taxes, and that means less left for the private sector...
...price index, and a hair less than that by year's end. That would contrast with a 7.6% increase in retail prices in the twelve months ended last October and a horrifying 11% in 1974. On this one point, however, there are some serious disagreements in the predictions. Beryl Sprinkel, executive vice president and economist of Chicago's Harris Trust & Savings Bank, sees the end-of-1976 inflation rate at a low 5%; Robert Nathan, head of his own consulting firm, forecasts a startlingly high...
Critics also argue that the EIA would thrust heavy new demands into capital markets, either by borrowing or by having the Treasury borrow for it, thus crowding out private borrowers and fanning inflation by pushing up interest rates. Republican Banker Beryl Sprinkel, a member of TIME'S Board of Economists, adds that the Government should let the free market decide which energy-development projects are worth financing and which...
...quick study and moved nimbly. At 21, he graduated from the University of Texas law school. That same year he enlisted in the Army, later flew 50 missions over Europe as a bomber pilot, and was shot down twice. While on leave, he married a Texas model, Beryl Ann; they have three children. Mustered out as a major at 24, Bentsen was elected the youngest county judge in Texas. In 1948, he ran successfully for the U.S. House of Representatives, becoming the youngest member. He impressed a fellow Texan, Speaker Sam Rayburn, who included Bentsen in his after-hours bourbon...