Word: caution
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Dates: during 1970-1979
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...Arguments both for and against the treaties are sound. However, it merely requires simple logic to ascertain that while ratification of these treaties will not necessarily guarantee perpetual euphoria, failure to do so can only induce grim repercussions. Panama is a time bomb that the Senate must defuse with caution, by approving the resolution of ratification...
...reason for the caution: an emotional debate over the bomb that has gone on for months on both sides of the Atlantic. Opponents maintain that the weapon is immoral because it destroys people but not property; the argument, of course, overlooks the fact that existing tactical nuclear warheads are also intended to kill people. More to the point, opponents believe that the neutron bomb's limited blast and short-lived radiation would invite its use in a crisis, thus increasing the danger of a conventional conflict escalating into a nuclear holocaust. But, as supporters note, NATO is a defensive...
...Corporation has understandably been quick to praise the ineffectual and noncommital ACSR for its "thoughtfulness" and "willingness to compromise" in an investment report that itself called for "caution, restraint and tolerance." But it remains highly doubtful that the Corporation is even considering committing Harvard to a public demonstration of real shareholder responsibility. Indeed, one must question the motives of the Corporation in calling a public hearing which only two of the seven Corporation members even plan to attend. The cavalier, no-show attitude of the individuals who have the final say on investment decisions belies the Corporation's claim that...
...many observers of the trial have pointed out, the jury decision and the judge's subsequent upholding of that decision in effect admits the existence of a tribe when no political and legal consequences would ensue. The decision expresses a calculated caution. The judge notes that because of the "severe consequences" of declaring the Indians a tribe--returning the land to the Indians--he believes he had to establish a rigorous definition of tribal status. But he also states in the decision that the Indians may still be considered a tribe "for other purposes, such as Federal aid programs...
...caution is potentially damaging. Adjusted for inflation, business spending on new plant and equipment is expected to rise only about 4.5% this year, v. the 7% increase the Administration calculates is necessary to keep the economy expanding. One reason: what Greenspan calls the "hurdle rates" for new investment have risen by two percentage points in the past decade. In other words, a company that once would have built a new plant or installed labor-saving machinery if it could expect, say, a 10% annual profit on investment, will not go ahead now unless it can foresee a 12% return...