Word: hellers
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...week he told a meeting of the Business Council that "we do not anticipate a recession next year"-though he added that warnings of one "can become a self-fulfilling prophecy." But among the ten members of TIME'S Board of Economists, only University of Minnesota Professor Walter Heller will give even fifty-fifty odds on avoiding a downturn. The others all agree that there will be a recession, but that it will be mild and brief, lasting only two or three quarters and at worst dragging real G.N.P. down at an annual rate of only...
...Heller excepted, members of the Board of Economists reply: 1) the soft-landing outcome is possible, but unlikely; 2) even if it does happen, so what? Real G.N.P. may not decline for two successive quarters-the technical definition of recession-but it will slow to such a crawl as to bring about a substantial rise in unemployment. Says Washington University Professor Murray Weidenbaum: "If it isn't a recession, it will still feel like...
...lower end of the ladder, John Fishwick, Jeff Secreast and John Heller all blanked the visitors from Hartford by 3-0 scores...
Senior John Heller topped off the Crimson victory with a 15-7, 15-2, 15-9 win over Bob Drum at the ninth spot. In an exhibition match at the number ten position, Harvard racquetman Joe Somers out-hit Third Classman John Stratis...
...John Heller (H) def. Bob Drum...