Word: ifs
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Dates: during 1970-1979
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Anyone can guess what happens to the film's three principals once Redford galvanizes himself. Boy gets horse. Girl gets story (and also ceases to be merely a pesky observer and becomes an impassioned participant in Sonny's adventure). The populace learns the truth about the evil capitalists...
In the event that gasoline prices were to increase sharply, growth in the economy as a whole would not necessarily slow, or unemployment rise, if the proceeds of the tax were recycled to consumers, as the various Administration proposals recommend. But the impact on consumer prices would be severe. A...
Though nobody likes rationing or higher taxes, the economy is destined to suffer even worse reverses if Congress fails to act. OPEC's prices are all but certain to keep climbing in 1980, draining wealth out of the U.S. economy and into the bank accounts of foreign oil exporters...
For too long Americans have blithely assumed that rivers of cheap energy would flow through that economy like a magic elixir in endless abundance. But as 1979 has vividly demonstrated, the nation takes extreme risks if it does not curb its addiction to demon crude.
West German bankers have been particularly angry. Morgan Guaranty, one of Chase's U.S. partners in the defaulted $500 million loan, went into a German court and attached Iran's 25% investment in two big German companies, Friedrich Krupp and Deutsche Babcock. Last Tuesday, a day after a...