Word: laggard
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Dates: during 1980-1989
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Montgomery aims to revive the laggard Harvey, which in the 1940s ranked as the top seller of comic books but last year was in the No. 4 position. Montgomery, who bought the firm from the Harvey family with money he raised from outside investors, aims to boost circulation 50% in the next two years, to 3 million. He is also eager to market the company's library of 248 motion- picture cartoons from the 1950s and '60s, which would be included in a line of videocassettes. Montgomery, who graduated last year from USC's School of Film and Television, plans...
...English movies of the '80s had a team like Spencer Tracy and Katharine Hepburn, David Lodge's funny, adroit Nice Work would make an ideal vehicle for them. The novel's protagonist, Vic Wilcox, is a gruff but keen-witted exec struggling to turn around a laggard steel-parts factory in Rummidge -- "an imaginary city," the author informs us, "which occupies, for the purposes of fiction, the space where Birmingham is to be found on maps of the so-called real world." Vic's antagonist (and here the term is literal) is Robyn Penrose, an attractive, rigorously feminist lecturer...
...Thousands of other dissatisfied workers threatening strikes. "The situation," said Soviet President Mikhail Gorbachev last week as he surveyed the turmoil rocking his vast country, "is fraught with dangerous political and economic consequences." The question for Gorbachev: Will the "revolution from below," which he has been urging on his laggard countrymen, help accelerate his ambitious plans for reform -- or tear the U.S.S.R. apart...
...Gorbachev proposed the formation of privately owned, profit-oriented cooperative enterprises to supplement and even compete with state-run projects. The primary goal of his proposal, which in many respects echoed Lenin's quasi-capitalist New Economic Policy of 1921, was to inject vitality into the U.S.S.R.'s laggard consumer goods and services industries. In addition, the new co-ops would pay taxes and presumably absorb some of the 15 million workers who might lose their jobs in a much needed pruning of the bureaucracy...
...another. Says Jerry Jasinowski, chief economist for the National Association of Manufacturers: "We're in the eye of a hurricane right now. All the usual indicators aren't very useful in telling what's going to happen next." While the consensus is that growth will slow to a laggard 1% or 2% early in 1988, there are no concrete signs so far of a drastic consumer-spending slowdown. Last week the Commerce Department reported that retail sales during October were up .7%, not including autos. Even with car purchases, which declined because of an end to rebate promotions, sales were...