Word: exampleâ
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Some other reasons for thinking that the business slowdown will not deepen into recession: averaging out quarterly swings, the 42-month-long expansion has been moderate so far, and has not produced the excesses?a too rapid pile-up of business inventories, for example???that can be corrected only by recession. Consumer buying has held up fairly well, business investment in new plant and equipment is picking up a bit, and both should be spurred by the tax reduction of $16 billion to $18 billion a year that Congress is about to enact. In 1979, though, that cut will just...
Republicans Greenspan, Sprinkel and Washington University Professor Murray Weidenbaum strongly oppose guidelines and do not believe they would work: even if union leaders negotiated moderate wage pacts, rank-and-filers would vote them down. Weidenbaum adds that the result might be strikes?by the Teamsters, for example???that could tip the economy into a recession he does not now expect. The Republican board members believe that inflationary fever can be lowered only by the slow-acting medicines of lower federal spending, reduced deficits and moderate growth in the money supply...
...books are written from the inside out. "There is a kind of fatigue which only fieldmen know" observes The Honourable Schoolboy, "a temptation to gentleness which can be the kiss of death." And, "It is a charming arrogance of diplomats the world over to suppose they set an example???to whom, or of what, the devil himself will never know." Such sly aperçus are those of Her Majesty's Loyal Opposition, a man who served his term as foreign officer and intelligence operative. As such, Le Carré makes no apologies for his work. "The spy form is expanding...
...advances on innumerable technological fronts?last week's space shuttle test, for one example???it does not really have to prove its mettle by maintaining "in perpetuity" an achievement of the steam age. Moreover, in adjusting to a changing situation and sharing its accomplishments with the rest of the world, the nation demonstrates skills and ingenuity of a different but no less vital sort. In that sense, the Panama Canal will always be American...
...Most Hindu gurus, for instance, teach one or another form of yoga, which combines practical exercises with meditation to achieve union with Brahma?the ultimate reality or Absolute. Yoga itself is the Sanskrit word for a yoking, or union. The various branches of Buddhist meditation?Zen and Tibetan, for example???usually require great discipline and concentration to try similarly to gain nirvana, that ineffable state of liberation and union with ultimate reality in which suffering is eliminated and compassion and wisdom are attained. "Transcendental Meditation does not reach the stage of giving you awareness of your real self," complains...