Word: digitalizing
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...defending the government's record, Premier Pierre Mauroy points out proudly that inflation has been brought down to 9.7%, the first single-digit rate since 1978. Mauroy can also justly claim that he has "stabilized" unemployment at about 2.1 million, or 8.9% of the work force, vs. 1.66 million, or 7.2%, under former President Valéry Giscard d'Estaing. But the cost has been considerable. The French franc has lost 32% of its value against the dollar since the Socialists were elected in May 1981. The foreign trade deficit has increased about 50%, to $12.7 billion...
...Pudding for several reasons. Some come for the 50 cases of champagne rumored to be provided for the occasion up form 18 last year. Some come, too, to be with their old school buddies on friendly turf. Many come to forget about problems--the economy, the double-digit unemployment that brings lumpertd me throats of the proletariat, the hell of the Mideast and Literature and Arts...
...bipartisan spirit" of unity. It offered compassion rather than rigid ideology to those suffering from the recession, and it had soothing words for women, blacks, the elderly and others who have felt slighted by the Administration. There was even what seemed a bold cure for the dozen-digit deficit plaguing the economy: a "freeze" on the overall level of Government spending...
ECONOMIC PREDICTIONS. The real shocker. The Administration is now forecasting two full years of double-digit unemployment: 10.9% this calendar year, a trifle higher than the 41-year peak of 10.8% recorded in December, and an even 10% in 1984. By the fourth quarter of that year, when the nation will be choosing its President, the rate would still be 9.6%.* It would not get down to 6.6% until 1988. The reason, Reagan's economists predict, is that the national output of goods and services will rise only 1.4% this year and 4% in later years, too slowly...
...that are ripped apart the following year. I think that in terms of the American public in a soft oil market, you can't expect them to make energy one of their top priorities, especially when you've got an economic recession going on, when you've got double-digit unemployment. I think that energy is going to be put on the back burner in the minds of a lot of the public...