Word: forecasted
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Dates: during 1990-1999
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INTERVIEW: Eduard Shevardnadze's Forecast...
...White House economic forecast offer much solace to candidate Bush. It predicted a meager 2.7% growth rate for the year -- up from the January prediction of 2.2% but still sluggish. Two days before the forecast was issued, Federal Reserve Chairman Alan Greenspan, presenting the central bank's semiannual report, predicted that the weak recovery would become more stable sometime next year -- too late to help the President's re-election...
...week to see. His task is not easy. Even with an Israeli government genuinely committed to negotiating, the tactical challenges of bringing all the parties together are still complex. And if Baker decides to leave the State Department to run President Bush's re-election campaign, as officials widely forecast last week, he has less than a month before the Republican Convention to give the talks his personal impetus...
What happened in the '80s was that Congress, impressed with Reagan's overwhelming popularity (and later Bush's), sheepishly followed the White House's lead on overall spending levels. If the resulting deficits were sometimes higher than those forecast in the two Presidents' own unbalanced budgets, it was because Reagan-Bush aides, such as former Budget Director David Stockman and current Director Richard Darman, consistently and deliberately overestimated federal revenues...
Predicting the weather is, in the best of circumstances, a game of chance. Even with the most powerful supercomputers, forecasters will never be able to see ahead more than a couple of weeks with any accuracy. Climatologist Stephen Schneider of the National Center for Atmospheric Research compares the typical weather forecast to guessing what bumpers a pinball will hit after it has left the flipper. "What's happening now," he says, "is we're tilting the machine in several directions at once...