Word: hovers
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...budget message to Congress (see ECONOMY & BUSINESS), President Ford revealed that high rates of inflation and unemployment would last well into 1976, when he plans to run for election. Prices, he acknowledged, would still be rising more than 7% a year, and the jobless rate would still hover around 7¾%. The figures jolted both parties. Senator Hubert Humphrey found it "unbelievable" that Ford could propose record deficits and not "put America back to work." Calling political prospects "pretty scary," G.O.P. Senator Robert Dole, who barely won re-election in Kansas last fall amid the general debacle for the G.O.P...
Thus it can serve as a guide as to how much stimulus might be needed to spur a sluggish economy. The greater the budget surplus is by this measurement, the more the economy is reined in and deflated. Yet, notes Nathan, while the jobless rate will continue to hover at unacceptably high rates, the Administration estimates that the full-employment surpluses will be large and sharply rising: $12 billion in fiscal 1976, $29 billion in 1977, $33 billion in 1978, $45 billion in 1979, $61 billion...
Foster's switch is this: an aspiring young playwright named simply Cat (Ed Rombola) conjures up the spirits of the ancient Roman conspirators. They hover over his typewriter in his New York apartment. Cat also summons up Caesar, Antony and Cleopatra, who doubles as his actress girl friend Memphis (Lea Scott). He tells them that since Brutus is a rational man and "rational men don't kill," he plans to revise their destinies so that Caesar will not be assassinated in the forum...
...shades of Freud and Jung, of magic, myth and racial memory, now hover (drearily or provocatively, depending on one's point of view) around any collection of the Brothers Grimm. There is no need to be owlish, however, about the clear fact that fairy tales address with considerable delight some persistent human need, at the very simplest, to half-believe that every life is a mysterious personal adventure worth pursuing to the bitter end. Why? Because -who knows? - every faithful goose girl may become a princess, every mean, usurping maid become a deserving corpse. This fine re-edition...
Eight miles from St. Augustine, beyond the mouth of the river, 40-foot high icebergs hover silently on the surface of the Gulf of St. Lawrence. The supply boat hasn't been able to come this far north since last October. It's now the second week in July and word has come from the next town down the coast that the freighter Fort Mingan--the lifeline connecting these northern coastal villages to southern Quebec--is on its way. So now on "the white side" of St. Augustine, they've begun to prepare for its arrival. Beer bottles crack...