Word: predictableness
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Dates: during 1970-1979
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...economy heads toward recession, as some economists predict, frugality might quickly lose its popularity. Tip O'Neill has told Carter that if unemployment (currently 5.9%) reaches 6.3%, the President had better have an economic stimulus plan ready. "If you don't," O'Neill warns, "we will." But others feel that inflation has gone too far to be neglected once a downturn begins...
...failure to warn the White House months ago that Shah Mohammed Reza Pahlavi was in danger of losing his throne. Only two days after the Shah went into exile, the House International Relations Committee began hearings on the Iran crisis and the CIA's inability to predict its outcome. Acknowledged a CIA official: "The agency will go through a wringer. We'll take our lumps...
...difference between conditions in Saudi Arabia and Iran helps explain why the entire crescent can be so difficult to understand and predict. Unlike the Shah, a stern, remote and isolated figure, the huge Saudi ruling family, with its estimated 5,000 princes, has its roots in the lives of its people. Its members are married into the families of commoners all over the country. They take their places in the chain of command below nonroyal superiors in the civil service. Saudi rulers take their "desert democracy" seriously: even the lowliest citizen can approach King Khalid or Crown Prince Fahd with...
...scientific methods of forecasting economics-so says one of the foremost prophets, Boston Econometrician Otto Eckstein-produce results with errors only 35% to 40% smaller than those arising from careful guesstimating. Perhaps unnecessarily, Eckstein adds: "There's plenty of room for humility." The humbling failure of scientists to predict surely either the course of nature (as in the weather) or cultural dynamics (as in economic and social change) may be one factor that licenses the numberless irrational prophets who proliferate in today's age of ostensible reason...
Khomeini also said United States military bases "could not remain in Iran because they are contrary to Iranian independence" and refused to predict whether he would send armies against Israel in the event of another Mideast...