Word: drumbeat
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...almost daily drumbeat of dismal news about falling production and growing unemployment made a turn toward more stimulus of the economy unavoidable. As car sales continued to skid, Detroit announced plans for more production cutbacks; that will add substantially to the 205,000 auto workers -about 25% of the auto-industry labor force-already idled and further bloat the nation's jobless rate, which is expected to swell to as much as 8% next year from its present 6.5%. According to a forecast issued by the Paris-based Organization of Economic Cooperation and Development last week, the U.S. will...
...dollar has been damaged by the drumbeat of increasingly grim economic news from the U.S. In addition, because short-term interest rates in the U.S. are coming down from their recent record peaks, money managers are switching funds out of dollars and into currencies offering better returns, notably the mark. While New York banks pay 8%% interest on short-term dollar deposits, German banks give up to 9% for marks...
...perhaps unjustly accused of being galvanized by nothing less than all-out war, are ready to adopt measures to conserve energy despite the costs involved. This willingness to accept some austerity may reveal a realism about the horrendous international problems created by extortionate oil prices. Or perhaps the dire drumbeat of warnings about diminishing reserves of raw materials has made the difference. Self-preservation, like charity, starts at home. Either way, it may well be that Americans will accept sacrifices, if only someone calls upon them for more than voluntary half measures. Just the other day, White House Press Secretary...
...past two years, the reader of an American newspaper has been virtually assured of finding a Watergate-related story blazoned across the front page. But now the drumbeat of daily Watergate headlines has died away to a faint, uninsistent thump. Suddenly, there is no "news." Or, to put the matter another way, all the news that fits is in print. Local gripes now receive fullblown front-page treatment. Crime makes a comeback. Sports stories normally relegated to back pages jump startlingly forward. The merely eyecatching, the determinedly trivial and the yawning of a new era are now featured boldly. Says...
Tchaikovsky's 1812 Overture is a medley of the sounds of war. Cannons roar, bells chime, whistles and trumpets pierce the muffled drumbeat. Seeking superrealism in his interpretation, Atlanta Symphony Conductor Robert Shaw installed 16 electronically controlled explosive devices to simulate cannons in the pit. Last week, before a crowd of 1,500, he pressed a button on the conductor's stand on cue, and a smoky, skull-splitting blast filled the Atlanta Memorial Arts Center. That triggered a smoke-sensitive automatic fire alarm. In minutes, 25 eager firemen charged into the auditorium, axes and hoses...