Word: dismalness
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Dates: during 1980-1989
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...Dodge Aries and Plymouth Reliant and looks like a smaller version of this year's Mirada and Cordoba. Its fuel economy and size will position it precisely against GM's hot-selling X cars. Reports TIME Detroit Bureau Chief Barrett Seaman: "If the market stays as dismal as it is and the public fails to take to the new small cars, no amount of federal guaranteed loans will save Chrysler...
There is yet another small sign of hope in the otherwise dismal picture of Soviet-American relations. Last week the Soviets formally gave the U.S. advance notification of a test in which more than one missile was in flight at the same time. Such notice is required by SALT II-or would be if the treaty were in force...
...relentless daily pounding of dismal news drives deeper the public's conviction that the economy is in a profound and morose crisis. Feverish inflation, previously a rare malady limited primarily to wartime, has become chronic. Price spurts once associated with profligate banana republics are now common to North America and Western Europe and threaten the foundations of democratic societies. With every sign showing that prices in the U.S. will continue soaring even as the nation begins slumping into recession, President Carter, his re-election jeopardized by the economy more than by anything else, is stuck in an economic morass...
Even struggling Chrysler Corp. managed to wrest some good tidings from the generally dismal news by reaching preliminary agreement with 175 of its major domestic and foreign lenders on a $650 million aid package needed to qualify for federal loan guarantees...
...Dismal Science...