Word: cautiously
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Dates: during 1970-1979
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...Cautious Policy. Nathan, whose consulting firm advises many unions, reports that "the attitude on the part of labor is pretty sour and pretty frustrated." He fears that unions will push for inflationary wage boosts, and he may be right. Last week the Teamsters Union was talking about demanding as much as a 50% increase for truckers over three years. Mechanics struck United Air Lines; the line canceled all flights through Christmas Eve. Other members of the Board of Economists, while granting that there is danger of a wage-price spiral, think it can be avoided. Some reasons: unemployment will still...
...wringing inflationary momentum out of the economy is carried through to conclusion. Sprinkel argues that it took ten years of Government mismanagement of the economy to produce a situation in which a 6% rate of price increases represents a lowering of inflation. Another three or four years of cautious policy will be needed, he believes, to get the rate down to an acceptable...
Sherwin tells his story soberly, punctuating it with occasional historical curiosities. We learn, for example, that "to this day ... the U.S. government has never officially acknowledged that Americans [two captured Navy flyers] were killed at Hiroshima." Determined to avoid any tendentiousness, Sherwin is sometimes too cautious in presenting his insights, which are numerous but tucked away. The modesty is misplaced. Jona than Swift once observed, "the greatest inventions were produced in times of ignorance, as the use of the compass, gun powder, printing." To that list of dark times must be added the 1940s; to the list of new devices...
...last six weeks, the Carter campaign has crossed that critical threshold from nonentity and oblivion to cautious, firmly-grounded optimism--and greater access to power brokers, big money and press attention. "It's been so frustrating for so long, so hard to get people to take us seriously, that now, with front page stories in The New York Times and this, 10,000 people, it's hard to believe," Linda Sullivan, a year-long Carter worker from Chattanooga, Tenn., who is taking time off from Northwestern, said fervently between fashionable puffs on a long cigarette...
Berlinguer has led the party in a series of other autonomous stands, notably a cautious defense of Nobel Peace Prizewinner Andrei Sakharov and a plea to the regimes of Eastern Europe to liberalize. Obviously, Italy's unorthodox approach to Communism was not conducive to smooth negotiations for a Communist summit...