Word: dimly
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Dates: during 1970-1979
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Jorgenson, 44, argues that the explosive rise in world oil prices has wrought a fundamental change in the U.S. economy-one that bodes well for jobs but holds out dim long-term prospects for curbing inflation or boosting growth. Traditionally, says Jorgenson, businessmen faced with investment decisions have chosen to emphasize spending on machines and other capital equipment over manpower because capital was always 1) cheaper to use than labor and 2) more productive. But machinery burns energy, and thus the quadrupling of oil prices by OPEC since 1973 has sent the cost of using capital through the roof, while...
...housing, though he said of the violence: "You can't justify it." So far, there were no signs of a white backlash, even though many broadcast and newspaper accounts of the power failure emphasized the disorders. Sample headline from the Los Angeles Times: CITY'S PRIDE IN ITSELF GOES DIM IN THE BLACKOUT. Newspapers abroad also focused on the looting. A headline from Tokyo's Mainichi Shimbun: PANIC GRIPS NEW YORK; from West Germany's Bild Zeitung: NEW YORK'S BLOODIEST NIGHT; from London's Daily Express: THE NAKED CITY...
Exactly how good is the new champ, and how does he compare with colts of memory fresh and dim? His light racing experience somewhat handicaps judgment, as does the lack of first-class competition. He has seldom shown the scorching times of Secretariat, nor does he appear to have Big Red's hunger for the killer win, as in Secretariat's unforgettable 31-length victory in the Belmont. Slew seems content to put out enough to win and no more...
...generals' follies. Whatever is lively and memorable in the film, which is not much, is provided by the English members of the most expensive all-star cast in recent memory. Their Yank allies, doubtless because they had second-banana roles in the original production 33 years ago, have dim, brief lives on the screen...
Galbraith's sappy praise for Keynes stands out all the more when contrasted with the light in which the author places almost every other thinker, businessman, and institution that crosses his path: dim. Wht saves The Age of Uncertainty from being a history text is the personal touch. Tour-guide Galbraith knows the landscape well, but so well that he can't resist editorializing about each sight. Few are spared as Galbraith talks about the Pentagon ("Were [the Crusades] under the auspices of the Pentagon, it would still be heard that, in the Holy Land, there was light...