Word: fackler
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Dates: during 1960-1969
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...PETER F. FACKLER Niirnberg, Germany...
...stuck steadfastly to their cautious prediction of a $620 billion gross national product for 1964-even though the Administration expects the G.N.P. to hit at least $623 billion and some private economists feel that it may go higher. Viewing all this backing and filling, Associate Dean Walter D. Fackler of the University of Chicago Business School saw some irony in the situation: "The optimists are pessimistic and the pessimists are optimistic...
...serious adverse psychological influence on the economy." No one knows for certain whether Congress will pass the bill, though its prospects are looking up. Tax cut or no, the economy in 1964 promises to continue along 1963's pleasant path-and then some. Says Associate Dean Walter Fackler of the University of Chicago School of Business: "We do not see the usual signs of stress and strain that often characterize the late stages of a boom...