Word: grossness
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Dates: during 1980-1989
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Professor of Mathematics Benedict H. Gross, who defected from Brown last year, said the prospect of a bigger paycheck was not the reason. "Harvard pays more, but the cost of living in Cambridge--especially for housing--is much more than it is in Providence...
...CPAC is funded by the cable company, which must pay three quarters of one percent of its gross revenues to the corporation. Cambridge City Manager Robert W. Healy will soon choose 13 out of 52 applicants to make up the CPAC board...
TIME's economists predicted that the gross national product, after adjustment for inflation, will rise 2.9% next year. Even that modest pickup may be enough to cause a slight drop in the unemployment rate. Board members estimate that in 1986 the rate of joblessness will fall to 6.8% from today's 7% level. The current rate represents a marked decline from the November 1982 peak...
Attention: The following material is not fictional, though some of the things referred to are almost too gross to be true...
...signs these days are mixed. Interest rates on five-year Treasury bonds have fallen from 9.62% to 9.13% since August, and unemployment in November was 7%, its lowest level since President Reagan took office. But growth is not strong, and there are few signs of a coming pickup. The gross national product in the third quarter grew at an annual rate of 4.3%, but fourth-quarter expansion is expected to be slower. Some Wall Street sages, though, do not worry about trying to figure it out. Says Barton Biggs, managing director at Morgan Stanley: "The best kind of market...