Word: chronic
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...three were complete scoundrels-men of violence, bank robbers and chronic, accomplished escape artists, serving 10-15 years in Alcatraz. the U.S.'s famed maximum-security prison island in San Francisco Bay. They were also men of determination and ingenuity, and they may have become the first ever to successfully escape from The Rock...
...answer to the Marshall Plan. The COMECON agenda was, as usual, secret, but obviously two acute problems had converged to unsettle Soviet policymakers: 1) the booming success of the Common Market, which violates Red dogma that capitalist states must devour each other in competition for new markets; 2) the chronic failure of collectivized Communist agriculture...
...Menderes regime: "In the U.S., you can build up a business and live on it for three generations. Here, in one generation I've run through three businesses." The government has kept the currency stabilized, is gamely trying to slash imports and boost exports to reduce the chronic trade deficit of $150 million a year. But the basic problem is to raise national income to meet Turkey's rapid population increase (3% annually, compared to 2% in India). Other badly needed improvements delayed by the political stalemate are housing, education, a modernized judiciary...
...productivity gain. If wage increases amounted to less than gains in productivity, that would reduce labor costs per unit of output, making possible lower prices or higher profit margins, or both. At present, with U.S. industries facing strong competition from foreign producers, and with the nation running a chronic deficit in its international balance of payments, lower prices might be in the public interest. Higher profit marginsX would enable companies to step up their equipment modernization for the competitive years ahead...
...with Europe, a thorny debate over whether Canada should accept U.S. nuclear arms, and the continuing Canadian quandary over the pervasive commercial and cultural influence of the U.S. At home, a basic economic imbalance has slowed Canada's growth rate to less than 1%. while chronic unemployment has averaged 6.8% of the labor force since...