Word: outlooks
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Dates: during 1980-1989
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Opel is bullish about the future of IBM, and he is very optimistic about the outlook for the whole industry. He notes that while people have limited demands for commodities like shoes and automobiles, they seem to have an insatiable appetite for information. Says he: "I have yet to hear somebody say they could not use more information. Hence the demand for information processing, though perhaps not infinite, is enormous...
Walter Heller, who served as chairman of President Kennedy's Council of Economic Advisers, likes to keep track of the words that his fellow economists and the press use to describe the business outlook. At last count, he had compiled a list of 60 adjectives applied to the emerging recovery. The tone of the list has been changing dramatically. Only six months ago, Heller says, economists were calling the recovery "weak, wobbly, puny, pokey, measly, muted and miserable." Now, however, the rebound has suddenly become "rapid, robust, snappy, surging, brisk, bullish and a barn burner...
...might accomplish: "When the experts talk," Moody says, "they use words like spiritual renewal and moral uplift as though they were code words for political pluralism and a return to free trade unionism. But when the Poles talk, it becomes obvious that those intangible qualities-renewal of spirit and outlook-are precisely the things Poles lack most dramatically and desire most acutely...
...Pentagon. But he could, and has said repeatedly that he would, veto the tax-increase and domestic-appropriations bills that would be needed to back up the resolution. Most of those vetoes, moreover, would almost surely be sustained. Thus the makeshift conference agreement does not change the outlook for continued and chaotic struggle. The conferees have so far demonstrated only that they can agree on something-if, like the White Queen in Through the Looking-Glass, they believe six impossible things before breakfast...
Only hours after Shultz's testimony, Foreign Minister Gromyko made a speech before the Supreme Soviet (see WORLD) that was strikingly similar in tone and outlook. Both sides, it seemed, were showing a velvet glove, albeit with an iron fist inside...