Word: longterm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...their arms and join in a political struggle. That struggle also would take years. And then there is the more pervasive problem of fostering economic growth and democratic reform among repressive regimes throughout the region. Doing that will require, if not exactly a Marshall Plan, then at least a longterm, steady U.S. commitment...
That kind of talk, coming in this case from Melissa Keleher, vice president of Home Federal Savings & Loan Association in San Diego (assets: $6 million), has not been heard much around the thrift industry during the past three years. Caught in a squeeze between high interest rates and longterm, fixed-interest mortgages, thrift institutions became candidates for the endangered-species list. The number of thrifts has shrunk nearly 20% since 1979, as failing institutions have been merged into stronger ones (see chart). As a whole, the thrifts lost $8.9 billion in 1981 and 1982. Says James Carter, a banking analyst...
Some industry observers are beginning to fear that too many thrifts may be forgetting the painful lessons of the recession. Lenders are once again making longterm, fixed-rate mortgages, for example, to take advantage of the spread between the relatively high interest rates on mortgages and the lower interest that depositors get. Says Saul B. Klaman, president of the National Association of Mutual Savings Banks: "A policy of making and holding such loans in volume amounts to playing Russian roulette with interest rates and the future of the institution...
Gelbert emphasized the modification of laboratory classes into more involved longterm experiments...
...biggest questions hanging over the economy are longterm. Will the recovery, disappointingly weak though it may be at first, continue beyond a year or so and lead to a sustained period of increasing production, incomes, jobs and living standards? That would belatedly vindicate President Reagan's view that the recession was the bitter price that had to be paid for future healthy growth. Or will the upturn sputter along at half-speed through many months or even years of continued high unemployment, until the economy slips into a new recession? Some liberal economists warn that this may happen...