Word: longterm
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Dates: during 1970-1979
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...snapping up fuzzy tights, pants rather than skirts, blazers and all kinds of sweaters, from shetlands and turtlenecks to cashmeres and one-of-a-kind bulky knits. Impulse buying is on the wane. "Shoppers are more money conscious this year," says a Chicago retailer. "They're going for longterm, classic looks...
Boston-area college safety officials all agree that the longterm solution to the problem is establishing local disposal cites or incineration facilities...
...David summit. In fact, Caddell had been trying to persuade Carter to refurbish his presidency since April, when he sent the President a now famous lengthy memo describing growing pessimism among the American electorate. In March, for instance, Caddell found that 48% of the people he surveyed called themselves "longterm pessimists," up from 30% in 1975. Other pollsters question Caddell's objectivity, and stress that Carter is partly responsible for the public gloom. Their surveys find that Americans are more pessimistic about the President than about themselves. Responds Caddell: "To say it is a question of confidence in Carter...
...Willes argues that forecasts about the impact of new economic policies are so imprecise that the Fed should resist trying to make constant short-term adjustments by changing the money supply. Instead he advocates a new hands-off approach known as the theory of "rational expectations," which contends that longterm, stable monetary policies encourage public confidence and hence lead to increased economic growth. Though Willes has had little influence on the Fed's thinking, his arguments are reaching businessmen and commercial bankers...
...worsened by large OPEC oil price boosts that underscore the debilitating U.S. dependence on imported petroleum. Carter was earnestly aware, if the people of the U.S. were not yet, that the nation must find some way to start breaking that dependence if it is to have any chance for longterm, noninflationary economic growth...