Word: deepest
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Dates: during 1970-1979
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...period of transition from recession to recovery is a time of economic confusion. Last week a large batch of statistics, resembling so many fingers pointing in opposite directions, clearly mirrored that unsettled condition. Generally the figures fit the picture of an economy finally poised to climb out of its deepest slump in almost four decades, but they also point to a relatively slow recovery...
...largely fueled by the sudden hike in world oil prices. Owing to stern fiscal and monetary measures, the rise in living costs, which in fiscal 1973 were leaping upward at an annual rate of 25%, has been more than halved. But the fight against inflation pushed Japan into its deepest postwar recession. Production has plunged 20% since the start of the oil crisis 18 months ago. In a country where lifetime employment has long been the accepted rule, the jobless rate has inched up to 2%. Now the government is moving hesitantly to reflate, though the official goal is only...
...When one writes about it, this process sounds preposterous; when one is there, it is impossible not to feel its power," reports TIME'S Ruth Galvin, who attended last month's Woburn meeting with her husband John. "It sets out to make people face their deepest feelings about the contract that they made on their wedding day - and it succeeds. When they discover that they can trust each other even with their fears, the couples seem suddenly to comprehend the meaning of love." Indeed, the process is so popular that on a typical weekend, 115 Encounters...
Excessive Zeal. Cuddihy, 53, was raised as a Catholic and teaches sociology at Hunter College in New York City. To offer such theories in an age that regards ethnic determinism with the deepest suspicion clearly takes nerve. Ordeal, however,.is not antiSemitic. At its best it is a provocative revisionist ramble through the received ideas of the past hundred years, which encourages readers to alter their conceptions of the world. Cuddihy's presentation is flawed by excessive zeal. If a Jew utters a word like coarse, he automatically triggers, in Cuddihy's mind, visions of the primal scream...
...Once supremely confident of his ability to deal with what he called the nation's "infinitely solvable" economic problems, he now sees himself as the sound-money "conscience" of the Government, repeating dire warnings that he knows few politicians want to hear. To a nation frightened by the deepest recession and highest unemployment since before Pearl Harbor, Simon insists that inflation is the greater long-run peril. To a Congress bent on cutting taxes and raising spending far more than the Administration wants, Simon endlessly preaches the dangers of overstimulation. His gloom seems excessive, but he is making some...