Word: forecasts
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Dates: during 1970-1979
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Using computer studies and other arcane gauges, most economists continue to forecast a strong business upturn this year. The consumer, however, measures his well-being by less sophisticated yardsticks: take-home pay, store prices and job opportunities. In these terms, the first two months of 1972 have given scant reason for ebullience. The result is that consumer spending, which spurted briefly last year, has again flattened...
...make matters worse, weathermen issued a none too optimistic forecast: colder. And, they might have added, darker...
...Abraham Lincoln said Jefferson had "the coolness, forecast, and capacity to introduce into a merely revolutionary document, an abstract truth, applicable to all men and all times...
Unfortunately, McGovern's forecast may turn out to be right. Even the current political advantages for Nixon could prove to be fleeting. Although the partisan stakes are now confused, the war is once again a center of national attention. Nixon was probably preparing the public for the possibility that he might have to take tough new military measures to meet a renewed Communist offensive?but that would still incite fresh controversy. Moreover, as Nixon continues to pull out troops, down to an anticipated 25,000 or so residual forces by election time, increasing Communist pressure could have an unpredictable political...
...Buchwald forecast a great economic year for 1972: "Life won't be as bad as it was in the late '60s when things were booming, but I predict that it will be a good enough year that people will be able to feel how miserable a healthy economy...