Word: chronic
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Dates: during 1950-1959
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...backward, unadventuresome and cartelized, is sharing in Europe's boom: steel production is soaring (to almost 11 million tons this year), and the output of French cars is close to half a million a year. France's trading deficit with the rest of the world is still chronic, but between 1953 and 1954 its debts diminished from $203 million to $108 million; last month it actually had a surplus of $43 million...
Most remarkable of all, the German boom is now spreading to West Berlin (pop. 2,250,000), for years a chronic invalid needing daily injections of more than $1,000,000 in U.S. and West German aid. Apartment houses are rising from the ruins at the rate of one three-room apartment every 30 minutes. West Berlin's production of precision instruments and appliances (all of them lightweight, high-value goods which can be economically air-shipped in case of another blockade) is up 30% over 1953. Within three years, the half-city expects to be able to stand...
Italy, land of chronic deficits, is having its best year since World War II. Industrial production is 83% above prewar: city folk have new movie houses and coffee bars; 1,000,000 Italians are whizzing about on flashy little motor scooters. But there still remain, in a population of 47 million, 2,000,000 unemployed and another 2,000,000 underemployed. In the bleak south, says an Italian government report, almost one-third of the population lives in "extreme poverty." The report cites these statistics...
...then, as a student, that Diderot caught that insidious 18th century disease: a chronic high fever to know everything. The Embattled Philosopher tells the story of how Denis Diderot, philosopher, encyclopedist, playwright, novelist, art critic, conversationalist and lover, came to personify the French 18th century, and how he created the intellectual Trojan horse that led to the downfall of the Bourbon monarchy. It is the first biography of Diderot to appear in English in three-quarters of a century, and it is a good one. Author Lester G. Crocker, a Goucher College professor and former movie writer, knows...
...This month, in a work force of 65 million, the number of unemployed is 3,000,000. Few economists believe that the U.S. (or any other nation) can maintain "full employment"-i.e., an unemployment figure below 2,000,000 or 3% of the labor force-without chronic inflation or war or severe regimentation of business and labor...