Word: forecasted
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Dates: during 1980-1989
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Moreover, most forecasters agree that the expansion still has a way to go. Says Alan Greenspan, a New York City-based economic consultant: "We are going to slug along." The consensus forecast of 51 economists and institutions surveyed in the Blue Chip Economic Indicators newsletter is that GNP will rise 2.5% this year and 3% in 1988. The Administration maintains its own optimistic forecast: 3.2% growth for this year...
...hundred and fifty years ago Tocqueville warned the world that Americans were in danger of becoming too preoccupied with their personal affairs at the expense of commitment to civil and political causes. The Hart scandal presents a cruel twist on Tocqueville's prescient forecast. It seems now that the only political issues that concern us are those that relate to our personal lives. If it can't happen to us, if we don't see it on the daytime soaps, then it simply doesn't matter. We truly have reached a sad state of affairs when we adopt so narrow...
...forecast isn't getting any better--that's what The Thanatos Syndrome would have us believe...
...Haig has never been one to slip quietly into the night. Last week he launched a quixotic quest to prove his own career forecast wrong, announcing that he was "throwing my helmet into the ring" for the 1988 G.O.P. nomination. At his debut press conference in New York City's Waldorf-Astoria Hotel, a genial Haig laughed off a question about his pugnacity by saying, "Inside this exterior of militant, turf-conscious, excessively ambitious demeanor there's a heart as big as all outdoors." Later, snipping a ribbon to open his Manchester, N.H., headquarters, he cracked, "I'm used...
...dominoes are not likely to fall in the immediate future, however. Looking at the economy's current performance, TIME's board members forecast a 2.9% growth rate in the gross national product during 1987. That compares with a 2.5% pace in 1986. The board's projection is even more optimistic than the average suggests, since it is based on the assumption that economic activity will pick up as 1987 progresses, ending the year at a 3.8% clip. Says Walter Heller, a University of Minnesota professor: "The winds of change are blowing...