Word: outlook
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Such unwavering optimism has been the hallmark of Bush’s outlook on the crisis, and that is why he has been so successful at rallying public support. The American people naturally want their leaders to exhibit a spirit of hopeful resilience. This was the secret to Ronald W. Reagan’s superior oratory skills; rather than emphasizing the gravity of a problem, Reagan focused on the righteousness and certainty of the solution. At the 1992 Republican National Convention, he intimated, “...whatever else history may say about me when I’m gone...
...wonder, then, that the National Retail Federation predicted a decidedly uncheery holiday shopping season, cutting its sales growth outlook for the fourth quarter from 4% to 2.2%--a forecast that may still be overly optimistic. Or that luxury department store Bergdorf Goodman has canceled the remainder of its fall orders...
...engines hit a building I insured, which was covered by a network I owned, and we are still growing 2001 earnings by 11%," General Electric's new chairman, Jeffrey Immelt, told an analyst meeting in New York City on Friday, after he slightly pared the company's growth outlook. "I think we're in pretty good shape. We're looking at this unmistakable tragedy as a time of strength for the company." In the next few months, Americans will learn whether the same can be said for the economy...
This should have given the American economy cause for a relieved sigh, but it has not. The public as a whole has remained pessimistic about the nation’s economic outlook, and Americans have altered their consumer behavior in light of the terrorist attack. With confidence down drastically, companies are facing immense losses, and our country’s travel industries are failing. By reversing this trend, Americans can play a vital role in limiting the aftershocks of the Sept. 11 tragedy...
...Airlines, staggered by Tuesday's attacks, and predicting a precipitous drop in air travel, had more bad news for an already gloomy financial outlook: Continental, Northwest and American airlines will all cut their schedules by as much as 20 percent. Industry experts estimate airlines have lost $1 billion in revenues in the last week...