Word: direness
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Harvard hasn't done much to inspire its students in this year of dire economic news. For a depressing view of the world, just look at the recruiting schedule for speakers at the Kennedy School. It reads like the sale chart at Filene's Basement--discount professors 50 percent off, former world leaders, an additional $10 off the red line price. Former presidential candidates get a free pair of socks...
...feeling is that the situation is a serious one, but not dire," she says. "The perception seems to be that with...wise judgements we can overcome our budget problems...
Jeffrey D. Sachs '76, Stone professor of international trade, in the same issue of The Economist, offers advice on how the International Monetary Fund can help rescue the new Russian Republic. Here's part of the Sachs Solution (dire warning: Ec 10 may not be enough to understand what follows...
Conscription has broken down in some areas, and the desertion rate is rising. Pay is so meager that soldiers have resorted to selling military equipment on the black market. Fuel shortages are so dire that many ships and submarines have been forced to return to their home ports. Planes, ships and tanks are being cannibalized for spare parts. Thousands of demobilized troops from Eastern Europe are stranded without adequate housing and benefits in shabby tent cities. Morale is at a nadir. "The military is absolutely shellshocked," says Dale Herspring of the Smithsonian Institution's Woodrow Wilson Center. "Cohesion...
...hence to have a chance of qualifying for welfare benefits. If we look at the kind of persons most likely to be eligible -- single mothers living in poverty with children under 18 to support -- we find little difference in welfare participation by race: 74.6% of African Americans in such dire straits are on welfare, compared with 64.5% of the poor white single moms...