Word: crunchings
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Many economists think that the only thing currently saving the economy from a crunch is the capital flowing in from abroad. Lured by the lofty interest rates and attractive business opportunities available in the U.S., foreigners are pouring about $100 billion this year into American investments, including bank accounts, stocks, bonds and Treasury securities. Without that influx, U.S. interest rates would be even higher. Says Martin Feldstein, a Harvard professor who served for two years as Reagan's chief economic adviser: "Although no one knows when the capital from abroad is going to dry up, the U.S. should...
Librarians continue to face a space crunch, according to a member of the library staff who asked not to identified. The registrar's office and the food service, Soupcon, apparently took away needed storage space from the library...
Each year, it seems, a different House gets the crunch. Crowding is never anticipated; it's only compensated for the following year, when a particular House may take fewer rising sophomores in the lottery. Because the problem shifts around, there's never enough frustration in one place for students to mount a serious protest...
...EASY for the College to arrange housing for 6000 undergraduates. Each year students take time off, others return, many request inter-House transfers, and off-campus students want to enter the Houses. Administrators maintain that they can do little in the short run to alleviate the crunch, because there is only so much flexibility in they system. They've got a point. And that's precisely the problem...
Fewer air traffic controllers, more flights, a shortage of runways and gates, and summer storms have all been blamed for the crunch. But according to the Federal Aviation Administration, the airlines themselves are the most culpable. They prefer to schedule flights early in the morning and in the evening to coincide with the business day, and to bunch their operations on the hour. At Atlanta's Hartsfield Airport, 42 takeoffs and landings are scheduled between 8 a.m. and 8:09, though the airport is capable of handling only about 20 of them...