Word: predicters
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Dates: during 1980-1989
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...both John Kennedy and Lyndon Johnson, argues that the Administration's deficit spree might induce such tight money that it would abort any recovery. Heller wants to shrink the deficit mainly by raising taxes in 1983, a step that could batter the economy even lower. Some conservative economists predict that the result of the red ink will be higher interest rates. Says Burton Malkiel, an adviser to Gerald Ford and now dean of the Yale School of Organization and Management: "You have a $100 billion deficit running smack against a tight rein that the Federal Reserve has held...
...states like Maryland and Virginia, where busing has been widespread, officials predict the legislation could promote re-segregation. On the local front, if expected challenges to the constitutionality of the legislation fall short, the impact of Helms' initiative could be even more stark. More than half of the 35,000 Boston students who are currently bused to school ride more than 15 minutes--raising the spectre that Boston would have to retrench dramatically on its widespread desegregation plans...
White House estimates, which predict a much better fate for the states than local officials do, foresee the states emerging with a net combined gain of more than $2.5 billion. Obviously, all such projections are murky, with various officials making different assumptions about just what would happen. "The numbers thrown around by the President look suspicious," contends Economics Professor Bernard Weinstein of the University of Texas. "State and local governments will get the shaft as well as the shift...
Instead of job programs, Bradley suggests a short-term remedy of extending unemployment benefits; he predicts there will be growing pressure from Congress within the next two months as the 2.5 million people who lost their jobs late last year begin to run out of benefits. But in a meeting of the Cabinet Council on Economic Affairs last week, in which unemployment was on the agenda, Reagan and his aides did not discuss the proposal to extend benefits. Said a White House aide: "We feel we need to demonstrate concern for unemployment, but without reinstating benefits that would affect...
...protect their secrets. A few aggressive small firms like Datotek in Dallas are having success selling encryption devices to companies. Some of Datotek's best customers are oil firms, which fear that competitors will steal the results of oilfield tests that reveal promising drilling sites. Computer-security specialists predict that the demand for electronic scramblers will soon explode. Says Donn Parker of SRI International, a California research firm: "Encryption is the control of the future. During the '80s it will become very important...