Word: ince
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Dates: during 1970-1979
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...Carter's surprise announcement, Otto Eckstein, head of Data Resources Inc., a computerized forecasting firm, was still not ready to forecast a downturn. His current view: "We now predict recession. At these [interest] rates you are going to drive down housing and construction." Specifically, Eckstein's DRI estimates that there is a 55% chance of recession. Milton Friedman, guru of the conservative monetarist school of economists, gloomily asserts, "We have gone beyond the point of restoring the economy without a recession...
Otto Eckstein of Data Resources, Inc.: "In the end all the President could do was follow the Republican recipe, to tighten up the economy. It has never worked without a recession...
Alan Greenspan of Townsend-Greenspan and Co., Inc.: "Carter's actions significantly increase the probability of recession...
Spokesmen for Anheuser-Busch, Inc. claim the company offered to donate beer for the party because profits from the event would be donated to the Jimmy Fund, and they think "the cause is well worthwhile...
...very large operations still constitute only 6% of all farms, they take in 53% of all farm cash receipts, almost double then-share as recently as 1967. These big farms are on the cutting edge of the marketing and technological revolution, as exemplified by the operations of Benedict Farms Inc. and its president and sole stockholder, Patrick E. Benedict...