Word: doubting
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Dates: during 1950-1959
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...formality had to be observed, even though the outcome was never in doubt. Last week 81,500-odd "Grand Electors" of France-deputies, senators, mayors, deputy mayors, municipal councilors-elected the first President of the Fifth Republic. There were three candidates: an obscure Communist mayor, a Sorbonne dean, and Charles de Gaulle...
...classical rules of economics no longer apply; over the years the U.S. has made and learned new rules all its own. The test-and the proof that the U.S. had learned its lessons well-was the recession. It not only highlighted the changes in the economy, but proved beyond doubt that the U.S. could take a hard knock and come bouncing quickly back. In the new economy...
...level of consumer debt and the prospect of a big increase next year. One of the axioms of the new economics-and the exact opposite of the copybook maxims-is that rising consumer debt is a sign of prosperity, expanding in times of optimism, contracting in times of doubt. With recession in 1958, consumers paid off $1 billion in auto debts, the highest repayment since World War II. Now, with recovery, they should be in the mood to borrow for cars again. While predictions are for a 5,500,000-car year, automen think they may do a lot better...
...Part of the reason is industry's rising productivity, which is expected to continue to rise smartly next year, and which in turn will hold down prices. Inflation showed up in almost every speech by leading economists in 1958, but not in prices. There was little doubt that rising costs, high demands, and big Government spending had woven some inflation permanently into the economy. The big question is: Can it be held in check, particularly since the budget will show another big deficit...
...extends the large hint given by last year's Justine: that Anglo-Irish Author Durrell writes just about the most original prose fiction to be found today. Balthazar revisits the scene-Alexandria-and the characters of Justine, catches them again in a blaze of passion, decadence and self-doubt that adds a new dimension of truth to the many faces of love...