Word: growths
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Dates: during 1970-1979
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...countries, partly as a result of a widely distributed report by the National Academy of Sciences that concluded: "The winged bean appears to have great potential for easing the problem of protein malnutrition throughout the humid tropics." But for all their enthusiasm, scientists admit that to begin widespread growth and use of the plant where it has never been grown before may involve obstacles, botanical and otherwise. Indeed, so perverse are human beings that it may prove a difficult thing to change eating habits. As the University of Florida's Kelly points out, though, scientists might take a lesson...
...also to discuss some of the nation's other pressing economic problems: energy and the fall in value of the dollar overseas. But the stress was to be on combatting the rise in prices that threatens to undermine all the achievements of the Administration in promoting economic growth and reducing unemployment...
...says one Commerce Department economist, the nation has gone through "a punk quarter." Ice and snow so snarled transport, and the coal strike so curtailed electricity that national production showed little growth. Otto Eckstein, head of Data Resources, Inc., calculates that real Gross National Product rose only 1.5% in the first quarter. With the snow melted and miners back at work, Eckstein thinks real G.N.P. will show a catch-up surge of 7.5% from April through June. For the year, real G.N.P. is still likely to rise around 4.5%. The trick will be to keep inflation from speeding...
Governors and mayors who might be embarrassed by big surpluses can take some ironic comfort in the thought that they will soon be dwindling. Higher spending and a probable slower rate of growth in the economy late this year will shrink the aggregate state-city surplus to somewhere between $5 billion and $10 billion in 1978. That is a tidy sum, but it gives officials less reason to keep federal deficits high...
...President has said that when he returns from his over seas trip this week, he will produce a comprehensive anti-inflation plan. His economic advisers urge him to take a tough stand by calling for a reduction of subsidies, regulations and the growth of spending. Clearly, the immediate risks would be out weighed by the ultimate rewards. If the U.S. reduces domestic inflation, the dollar will rise, import prices will decline, purchasing power will expand, interest rates will fall, housing will climb, profits will increase, the stock market will turn up, capital spending will swell, more jobs will be created...