Word: driftful
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After too long a period of drift and indecision, there are signs that the Ford Administration is beginning to move on with more authority. Last week the Administration was scouting new strategies in several interrelated areas: international oil diplomacy, domestic energy policy and a new-or at least revised -strategy for fighting stagflation...
Since the explosion in oil prices and the beginning of the downward drift of the industrial economies a year ago, there has been a proliferation of plans aimed at coming to grips with the energy crisis and the massive shift of wealth to the OPEC (Organization of the Petroleum Exporting Countries) nations' treasuries. Herewith a thumbnail guide by category to some of the major positions and proposals...
...Michael Evans, president of Chase Econometrics Associates, a Manhattan forecasting firm: "All the water got squeezed out of the order numbers. Then everyone panicked and cut some more." Prospects for the year ahead are for more cutting. Depending on which forecast is used, real business spending is expected to drift down...
...Israelis are also apprehensive about the apparent drift toward war, though they still seem unprepared to make any concessions that might lead to meaningful negotiations. Foreign Minister Yigal Allon left the impression in a recent trip to Washington that on the eve of the Sadat-Brezhnev meeting in Cairo, the Israelis see little point in making a firm commitment for a further withdrawal either in Sinai or on the Golan...
...Dinner's not done yet," smiles Joni, as the sweet-and-sour aromas of cooking drift through the open door, "but come back to the kitchen anyway. It's the best room in the house." Walking past packing boxes, a Tahitian rhythm drum and half a dozen guitars splayed next to a piano, Joni pirouettes proudly. "Isn't this a great old place? It was built in 1929. Look, it even has a hidden bathroom" (behind a wooden panel in the corridor wall...