Word: predict
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...political clout of the nation's largest cities will be severely tested as Congress grapples with Reagan's plan to end all federal subsidies for the operation of mass-transit systems by 1985 and to cut capital grants by $270 million in 1982. Some Amtrak officials gloomily predict that the result will be the end of a national rail system by 1985. More immediately, Amtrak expects to have to stop running eight commuter trains daily between New York City and Philadelphia, putting thousands of people back into cars at a time when the nation is trying to conserve...
Industry watchers predict that by the end of the decade a family's three largest investments will be its home, car and computer. With costs for the machines dropping quickly, some visionaries even foresee three computers in every home: one in the den for financial use, one in the living room for education and entertainment, and one in the kitchen for information. The current Shootout in the industry will determine whether brand names like Panasonic and IBM will soon become as common on small computers as Radio Shack and Apple...
...group paid out more in interest rates on deposits than they got back in the form of income from mortgages and other investments. Later in 1980, they began earning money again, but now they are dangerously heading back toward the red. Some analysts predict that S and L losses during the first half of this year could go as high as $2.5 billion...
...past generation, Washington policymakers have based their economic projections on econometric models. Pioneered by Nobel Prizewinner Lawrence Klein of the University of Pennsylvania, the models are a series of equations that use past economic behavior as a guide to future business trends. Economists, for example, are able to predict the effects of a tax cut on new car sales...
...designate of the Council of Economic Advisers, reportedly argued that the Administration had to return to a more traditional econometric forecast or run the risk that its whole program might lose credibility. Last week Kudlow and Rutledge revised their figures and came up with more realistic projections. They now predict that growth next year will be 4%, while inflation will drop only to 8%. That is still too optimistic for many in Washington. Capital wags are now quipping that the highest-ranking woman in the new Administration is named Rosy Scenario...