Word: lagging
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...attacks by the Carter Administration. The burden of containing inflation eventually fell on the shoulders of new Federal Reserve Chairman Paul Volcker. His tough fiscal measures, including higher interest rates and a clampdown on the money supply, do promise to restrain price boosts?but only after a distressing time lag, and at the cost of making more severe a recession that the U.S. seemed headed for anyway...
...lease sales over the next five years, from 26 to 30, but that will do nothing in the near future to halt the gradual decline in U.S. oil production that began in 1971. Oil executives say that given the time it takes to develop offshore fields-the usual lag between discovery and full production is seven to ten years -leasing should be expanded sharply. After all, they point out, while other countries have leased as much as 35% of their coastal waters for exploration, the U.S. has opened up only about...
Many think this is precisely the way the prize ought to remain. Arthur Jaffe, professor of Mathematical Physics, is one of them. Jaffe, who won the Heinemann Prize for mathematical physics this past week, contends that there's a good reason for the traditional lag: "the awarding of the Nobel Prize at too young an age can conceivably hamper a person's career. It focuses the attention, the publicity, in such a special way. You're so much in the spotlight, and your science suffers correspondingly." But Glashow, while feeling the immediate pressures of the prize and the extent...
...seemed that the careful fencing was about to end. My talks with Soviet Ambassador Anatoli Dobrynin-what came to be known as the Channel-had become increasingly active, usually on Soviet initiative. We had succeeded in making it clear to the Soviets, and with a little time lag to the bureaucracy, that the President's view was the decisive...
...according to Jensen. Says he: "There is no way to discriminate or distinguish between the average ten-year-old black and the average 8½-year-old white. The tests look the same, but the black child has a lower mental age. It looks more like a developmental lag than a cultural difference...