Word: economists
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Dates: during 1970-1979
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...Many economists fear the legislation could be a staggering blow to the economy, which is already burdened with an unemployment rate of 6.9% and inflation of 6.5%, and is expected to face some trouble in 1979. Said Thomas Dernburg, senior economist for the Congressional Joint Economic Committee: "The vote was an amazing mental flipflop. No one would consider raising the income tax with the economy in this state...
Cooking can be a kind of therapy. Says Harvard Economist David Segal, 38: "I find cooking absolutely relaxing, totally absorbing and also extremely satisfying." Even some of the most ambitious cooks manage to assemble banquets without nerves. Ambrose Flaherty, 46, an advertising salesman for the Boston Globe, likes to prepare huge, rich meals for his family and friends. But, he maintains, "it's pure recreation. It's a great outlet for my energy and, besides, we're very gregarious." One recent feast for ten chez Flaherty featured roast suckling pig, stuffed goose, boiled lobsters, marinated mushrooms and Karen Flaherty...
...closed at 1004, its year-end record. By the final bell last week, the widely watched indicator had dropped 19%, to 815. The mood on Wall Street, among the brokers and traders whose heartbeat is the daily ticker, has turned from despair to anger. Says Peter L. Bernstein, an economist-consultant to large institutional investors: "We hate stocks, we hate ourselves and our customers hate...
More remote candidates include Andrew Brimmer, 51, a black who was a governor of the Fed from 1966 to 1974 and is now a private economic consultant in Washington; Daniel Brill, 59, Carter's Assistant Secretary of the Treasury for economic policy; Economist Henry Kaufman, 50, a partner of Salomon Brothers; and Hauge, 63, President Eisenhower's Administrative Assistant for Economic Affairs...
...series of incidents-a rash of daylight robberies and attacks in white suburban areas -that has had an unsettling effect on the national psyche. A bomb exploded at rush hour in Johannesburg's leading shopping complex, injuring 19 people. Two weeks ago, a National Party candidate for Parliament, Economist Robert Smit, and his wife Jeanne-Cora, were murdered in their home near Johannesburg. The victims were shot and stabbed, and their killers sprayed mysterious letters in red paint on the kitchen walls. Police were not sure whether the killings were a South African variant of the Charles Manson case...