Word: dismalness
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There is a feeling in Washington that we are gathering at the side of the track to watch a gigantic economic train wreck one of these days, and nobody seems inclined to do much but ask his brother along for the spectacle. The dismal economic reports this week -- slow growth, housing starts down, deficits unabated -- heightened the foreboding even while the politicians celebrated tax reform and Reagan rode horses at his ranch...
...announcing last week's dismal performance figures, TBS accountants tried hard to get out all the bad news at once. Their financial statement included $26 million in loss provisions for the ill-starred Goodwill Games, which had ended less than four weeks earlier. Turner noted that while his losses are "on their face, quite large," TBS business operations continued to show "satisfactory growth." The seafaring entrepreneur clearly intends to hang onto his dogged spirit of optimism as he tries to beat past the threatening reefs...
...dismal Washington summer din is mostly about Justice William Rehnquist's old memos and about sanctions against South Africa. None of this even starts to be as important as the question of what we are going to do in space...
...longest bull market since the 1920s. Stock-market analysts were quick to point out that the early-week drop was equivalent to only 4.2% of the Dow's value, in contrast to the record loss of nearly 13% on Oct. 28, 1929. Moreover, last Monday was the fifth notably dismal day of the year, even as the Dow has climbed about 350 points since Jan. 1. The others: Jan. 8, a 39-point loss; March 21, 36 points; April 30, 42 points; June 9, 46 points. Says Hildegard Zagorski, a market analyst with Prudential-Bache Securities: "The market has handed...
Bias' death turned the spotlight on the status of athletes at the University of Maryland. Bias had compiled a dismal academic record at the school, particularly in the past year, and was still 21 credits short of graduating, instead of nine, as he recently claimed. The university and Basketball Coach "Lefty" Driesell quickly found themselves the targets of charges that athletes, particularly black athletes, are routinely exploited at big-time sports schools. Wendy Whittemore, academic counselor to the basketball team, took the occasion to resign, saying that she thought education was not a top priority for Coach Driesell. Marshall claimed...