Word: hellers
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...from a state of disaster to just terrible." Warns Otto Eckstein, president of Data Resources: "It would be the extreme of irresponsibility and the worst economic policy since the 1930s Depression to let taxes increase at the rate planned." And alongside the conservative tax cutters stood Liberal Walter W. Heller, President Kennedy's chief economic adviser, who called for a reduction of $30 billion. Said he of the fears of renewed inflation: "That $30 billion isn't going to begin to be inflationary...
...trade flat and devastating export industries. Yet in the present situation only the U.S. and Britain are reeling. The economies of most of Continental Europe and Japan remain relatively buoyant, with inflation under greater control. This should help U.S. exports and give new strength to the American dollar. Said Heller: "One of the upbeat aspects of a downbeat economy is that real exports will improve." The return to stable economic growth in the U.S. is likely to be slow and arduous. Any quick moves to provide eco-nomic shock treatment would probably only result in another round of inflation...
...this recession will be as severe as the one six years ago, which lasted 16 months and caused output to decline by 5.7%. But the Carter Administration's projections of a "mild and short" decline are so much whistling past the graveyard. TIME Board of Economists Members Walter Heller and Otto Eckstein see the economic drop ranging from 3% to 4%, with a slow recovery starting in the second quarter of 1981. That would make this downturn the second worst since the Great Depression...
...current inability to arrest price increases has led to the new flirtation with old solutions. Economist Walter Heller still opposes them but says that "somewhere along the line, a dose of wage-price controls may be what is necessary to give the economy some shock treatments and to lower us out of this inflation orbit." Adds Bosworth: "The choices to stop inflation are either a recession, with 10% unemployment for three years, or controls...
...KohlerSo. Princeton Goalie Claire Johnston Sr. Dartmouth Goalie Julie Heller Jr. Pennsylvania Sweeper Kristin Spaeth Jr. Yale Sweeper Debbie Censits Jr. Pennsylvania Back Jeanette Raymond Sr. Princeton Back Chris Sailer Jr. Harvard Back Diane Angstadt Jr. Pennsylvania Link Janet Colarusso So. Yale Midfield Nancy Lock So. Pennsylvania Forward Kate Martin Fr. Harvard Forward Debbie Pickhardt Jr. Cornell Forward Lisa pratt Sr. Princeton Forward Ellen Remsen Sr. Dartmouth Forward Lisa Romig So. Pennsylvania Forward