Word: depression
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...Reagan's bargain with them, betraying a lack of confidence in his maneuvers to fight inflations and restore a balanced budget. They have discovered what Reagan's opponents claimed long ago, that the arithmetic of supply-side economics just doesn't add up. And as forbidding interest rates further depress the economic growth necessary to bridge the gap between federal revenues and outlays, it becomes further apparent what Reagan's plan is and always has been--a fraud...
...indiscriminate mass consumption of guns has finally come to disgrace Americans abroad and depress them at home...
...consumers to keep up the high-consumption pattern of the past year. The average family's real spendable earnings, the amount left after inflation and taxes, has declined by 4.4% over the past year. While Congress argues over the proposed Reagan tax cut, consumers could stop buying and depress the economy even further. For millions of Americans and for their economy as a whole, that tax cut cannot come soon enough...
Gold market experts also say that the end of the hostage crisis in Iran is helping to depress the cost of gold. Explains a senior gold trader at a leading New York bank: "In a sense, the gold market has become almost like a drug addict, needing more and more of a bad-news fix to get high." Recently there has just not been enough bad news to keep the market...
...increasing number of professional football players represented by agents with negotiating skill triggered the need for this unusual seminar, Rusty Martin, administrative coordinator of the NFL Management Council said yesterday. Martin added that the seminar instructed managers not to "depress future salaries," but to "recognize bargaining strategies and techniques being used against them...