Word: outlook
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Dates: during 1980-1989
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...This is the first time in my memory when the outlook for the international economy is forcing analysts to scale back their short-term domestic projections here in the United States. The international picture is impinging very seriously on the domestic outlook and creating a clear fear that is beginning to spill over into domestic decision making...
...speaker was former Presidential Economic Adviser Alan Greenspan, and his remarks aptly summarized the grim concern that pervaded a meeting qf the TIME Board of Economists held in New York City last week to survey the economic outlook for the remainder of 1982 and 1983. Dominating the discussion was the precarious state of the world's finances and the damage that a loan default by Mexico, Poland or any of a dozen other large borrowers might do to the international banking system. The economists worried about whether those countries could pay their debts, and also what impact their shaky...
Despite those missing in action, the outlook for the team is not entirely bleak. Captain Andy Regan is in good condition and Peter Jelley, who was injured for much of last season, is in good condition. The biggest boost for the squad may be the return of Buck Logan. Sidelined last year after an operation on his heel, the senior distance specialist has finally recovered and is running in the form that makes him co-owner of the Harvard indoor two-mile record...
...wisdom of Meeks and Weil only recently seems patent. The remarkable fact is not that prisons proved to be uncongenial places for moral improvement, but that it took so long for the U.S. to recognize and confess the folly. The outlook always should have been grim. Riots have beset American prisons from the beginning. But those manifest failures along the way were only specifically disappointing, not generally disillusioning. A spasm of violence at a particular prison, epidemic madness at another, each was explained away as a technical error: the cellblock configuration was wrong, the recreation policy too lenient...
...rate has risen sharply since then and reached 9.8% in July, the highest point since 1941. Unemployment is likely to continue growing for several more months, because employers are generally slow to lay off workers when business turns down and are equally cautious about rehiring them when the outlook improves...