Word: forecasted
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Dates: during 1950-1959
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...cold war will continue on an "economic, political and propaganda level," Herter forecast, despite unanimous opposition to open warfare. In spite of this, he charged, the Democrats have repeatedly slashed the foreign aid plans of the Eisenhower administration. The blame must rest with southern Democrats who have lost interest in foreign export markets because of Democrat-backed federal parity supports, he explained...
...University of Michigan's annual Conference on the Economic Outlook last week, 108 topflight experts assembled for one of the year's most important business gatherings and gave their forecasts for 1958. As usual, the opinions spread across the full spectrum. But while in past years the great majority saw nothing except boom on boom, this time the prevailing forecast was for a downturn-though a minor one. Of 68 conference members answering a poll on 1958 business, most agreed that business would slip a bit until well into 1958, with an upturn starting late in the year...
...winners have been selected in the CRIMSON's Football Forecast Contest. Of the six, Henry S. Berman '61 was the only one who picked the correct score. Berman, who came within 12 yards of picking Princeton's total yardage, won five dollars worth of books from Barnes and Noble...
...hold defense spending below a $38 billion ceiling; 2) the U.S. will be hard put to hold overall spending this year below the budgeted $72 billion; 3) the burgeoning budget for fiscal 1959, due for presentation to Congress next January, will exceed the Administration's earlier $70 billion forecast. The compelling reasons: Sputnik I and Sputnik...
...uncertainty about the course of the U.S. economy, and indeed the nation itself. Early announcements that the U.S. would not embark on a crash program to catch Soviet Russia's earth satellite had a depressing effect. Investors were increasingly worried about high interest rates that led economists to forecast a slight fourth-quarter decline in the rate (currently $37 billion annually) of expenditures for new plant and equipment, the first drop since the first quarter of 1955. The growing surplus of oil (see below) and the possibility of lower steel production and prices as Lukens Steel dropped the price...