Word: foresaw
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Dates: during 1980-1989
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...well as the impact of the recent decline in interest rates, which has not yet been felt in the economy. Though unemployment, at 12.9%, is already the highest in Western Europe, Brittan predicted a further rise to 14% by the end of next year. He foresaw inflation's dipping a bit in the process, from 6% at present to about...
...tremendous confidence in the potential of the "peaceful atom" prevailed after World War II Proponents foresaw an "Age of Plenty" in which weather would be atomically controlled, cars would travel for years on small pellets of uranium, and the moon would be only a short distance away via atomic powered vehicles. One of the chairmen of the Commission even forecast that electricity would probably be "too cheap to meter" The A.E.C. has spent the last three decades trying to fulfill these high hopes, but, as Ford shows, the intentions have gone dangerously astray...
...cash and gerrymander his Fourth Congressional District in Pennsylvania to suit his new identity. They came through. Republican national organizations contributed $57,000 to his race against unknown Democrat Joseph Kolter, 56, and the state legislature cut the district's 45,000 Democratic edge in half. But few foresaw the ravages of recession in this steel-mill area, where unemployment has hit 20.4% in Beaver County. Kolter, a state legislator and former teacher, has attracted labor support in a spirited campaign depicting Atkinson, 55, as an opportunist who should be held responsible for his embrace of Reaganomics. Says Atkinson...
...were directly traceable to Washington's ongoing failure to slash the runaway federal deficits that triggered crippling interest rates in the first place. Administration officials conceded last week that next year's budget shortfall will be closer to $140 billion than to the $115 billion gap they foresaw just two weeks ago. The Government will have to borrow at least $100 billion in fresh cash during the rest of 1982, and must raise $35 billion of that by the end of September. Says Irwin Kellner, chief economist of Manufacturers Hanover Trust Co. in New York City...
BRITAIN. Estimates for growth this year have again been scaled downward. Samuel Brittan now predicts an increase in the gross national product of just .75%, instead of the 2% he foresaw in January. On the positive side, he points out that private investment has held up remarkably well, and inflation, which was running at 20% annually in 1980, will drop this year...