Word: enough
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Dates: during 1970-1979
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During the recession, TIME'S economists expect, the real gross national product will decline by only 1% or 2% before recovering next spring. Still, that will be enough to weaken loan demand and cause overall interest rates to turn down. The economists expect the banks' prime lending rate to rise from the present 11¾% to 12½% or 13% in early summer, and then decline, perhaps sharply. Thus, the stock market should rise later this year. Wall Street rallies often begin during recessions...
...women and children in America. Images flow out over the population to be absorbed, statisticians insist, at the appalling average rate of 29 hours per week per citizen. The cash flows in. A minute of network prime-time advertising can sell for up to $140,000, or enough to pay the salary of seven or eight high school English teachers for a whole year...
...operation, doctors generally agree that expensive technology is used much more often than it needs to be, again because no one is watching costs. For instance, hospitals scramble to buy the fanciest equipment available. Secretary of Health, Education and Welfare Joseph Califano charges that hospitals in Southern California contain enough CAT scanners to serve the entire Western...
...enough to insist that new technology should be subject to rigorous cost-benefit analysis, but if a new machine costs, to be hyperbolic, $5 million, and saves one life in ten years, who is to say the price is not justified? Asks Dr. David Thompson of New York Hospital-Cornell: "If you decide to do without some product of the new technology, which one would it be? And are you willing to take the chance that it won't be available when you, the patient, need...
...holding down costs; medical outlays as a percentage of G.N.P. (5.6% at last count, in 1977) have been fairly stable. But there has been a price to pay. The nation is suffering from a doctor shortage, because many physicians have left the country feeling that they cannot earn enough under NHS, and waits of three to six months for elective surgery are common...