Word: gradualism
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...enthronement of the Directory is a watershed for Portugal's revolution. Convinced of its own infallibility, the M.F.A. has chosen to ignore the mood of the country, which, according to both April's elections and more recent polls, strongly favors pluralism and a gradual path to socialism. By claiming total authority, the military rulers make themselves publicly accountable for the condition of the economy. Failure to solve Portugal's problems will surely create widespread public dissatisfaction...
...with them would expire along with the controls.) A delay in price boosts would be especially likely if Congress votes to tax away most of the "windfall" profits that oil companies would reap from the increases. President Ford proposed a windfall-profits tax as part of his program for gradual decontrol. Congress has not yet acted, but Al Ullman, Chairman of the House Ways and Means Committee, said last week that if all controls on oil prices lapse his panel would devote the first two weeks of September to writing a bill and bringing it to the floor...
...Tale is necessary. Whereas the tragedies focus on the fail from prosperity, this play and the other romances emphasize the stage of rebirth, regeneration or recreation that is part of the full cyclical pattern--and this demands plenty of time. We also must not look here for the gradual development we find in the tragedies; we are obliged to make many assumptions, and to look upon the characters more as allegorical representations than as traditional dramatic personages. Any winter's tale, after all, is at heart a fairy tale to be related around a warm fireplace...
...business inventory cutting alone almost guarantees growth in U.S. output at an annual rate of about 7% for the rest of 1975. Nonetheless, the long road back to full prosperity contains many potential pitfalls, which were all too evident last week. President Ford finally produced a plan for gradual decontrol of oil prices that has a chance of passing Congress, but some threat remains of an abrupt jolt to the economy when present controls expire Aug. 31. A June spurt in consumer prices indicated that inflation is not yet dead, and a renewed rise in interest rates stirred fear among...
...through Chief Negotiator Ellsworth Bunker, has offered, in essence, a gradual ceding of partial sovereignty and Panamanian participation in the canal's operation and defense, but it wants to retain unlimited access for both civil and military aircraft to some zone airports. Panama wants all U.S. military installations phased out and, equally unacceptable to the U.S., total control of the zone and the canal itself...