Word: outlook
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Dates: during 1980-1989
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...outlook for a budget resolution was cloudy. "The odds," said Senate Majority Leader Howard H. Baker Jr., "are no better than fifty-fifty." Both the $863.6 billion House version and the $849.7 billion Senate version contain more tax increases and domestic spending, and less defense, than Reagan requested in his Jan. 31 budget message. Reagan cannot veto a budget resolution. But he can veto individual appropriations measures, and he promises to do so if they substantially exceed his own spending guidelines...
...lineup in the middle of this his final season. Teammates and coaches spoke cryptically about Beren's suffering from an "illness" or "diet related problems." Five matches later, the former All American returned to competition 15 pounds slimmer and with what he now describes as a radically different outlook on tennis Harvard and his life in general...
Beren, however, seems content with his new outlook, on the court and off "It's much easier for me to play now because I don't get so tense." He performed well during the team's late-season charge to the NCAA's Final 16 but says he's now through with competitive tennis: "I don't have to be concerned with winning, the laurels, the honors, the specifics people get so caught up in. All I have to do is play tennis...
...short-term outlook has turned so favorable so fast that even some apparent signs of weakness are actually harbingers of strength. The Government last month cut its estimate of first-quarter G.N.P. growth from the previously reported 3.1% to 2.5%. But the revision was disguised good news, because it included an $8 billion drop in manufacturing inventories. Without that backlog of unsold goods, firms will have to hire more workers and step up production to meet rising demand...
...outlook for corporate profits is also brightening, as the booming stock market attests. Companies closed aging plants and slashed payrolls during the recession, and now they have fewer expenses. Analysts thus look for corporate earnings to rise by as much as 30% above the depressed levels...