Word: glooming
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...lyrics of a new country-and-western ditty that has come out of Atlanta and was written by Georgia's Lieutenant Governor Zell Miller. Miller's lament may never make the Top Forty, but a great many of his countrymen surely share his gloom about having to "do without." As in past times of leaping prices and deepening economic slump, Americans are taking seriously the task of cutting back their household budgets...
...famous lengthy memo describing growing pessimism among the American electorate. In March, for instance, Caddell found that 48% of the people he surveyed called themselves "longterm pessimists," up from 30% in 1975. Other pollsters question Caddell's objectivity, and stress that Carter is partly responsible for the public gloom. Their surveys find that Americans are more pessimistic about the President than about themselves. Responds Caddell: "To say it is a question of confidence in Carter begs the larger question...
...vision of these projects is all the more appealing in light of the immediate economic gloom. The Commerce Department reported last week that the gross national output of goods and services dropped at a 3.3% annual rate during the second quarter, meaning that the recession has almost certainly begun. G. William Miller, the Treasury Secretary-designate, also warned that the energy aggravated slump would be deeper and longer than the mild slowdown of six to nine months that the Administration has so far forecast. Miller's projections: unemployment rising from last month...
...they awaited this week's two pointedly paired economic gatherings -the OPEC oil ministers' price-setting meeting in Geneva and the summit of the leaders of the seven top industrial democracies in Tokyo-the men who guide the Western economies were fairly exhausting their vocabularies of gloom...
...Such gloom is justified; another substantial hike in oil prices could well nudge the Western world into recession. But for a number of reasons a new downturn might not be as severe as the one that struck in 1973-74. Then, the first round of OPEC price hikes helped kick off a global recession that quickly became the longest and deepest that the U.S., for one, had experienced since the 1930s. Moreover, when the oil price explosion occurred, the industrialized nations were all lined up at the crest of a simultaneous boom. They all skidded into recession together, and many...