Word: predicters
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Dates: during 1980-1989
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...differences in deficit estimates are crucial, because they sway judgments on how big a tax cut the nation can afford. The Administration and backers of the Gramm-Latta resolution, which includes the first stage of Reagan's cherished proposal to slash income tax rates 30% over three years, predict a deficit of $31.4 billion in fiscal 1982. No, says Jones, the red-ink figure would be $42.6 billion-whereas, under the Democrats' proposal for a more modest tax cut, the deficit would be held to $24.7 billion...
...most serious dispute centers around the Pentagon's inflation estimate. Secretary of Defense Caspar Weinberger, backed by OMB Chief David Stockman, insists that inflation will fall much faster than most economic forecasters predict. Weinberger has jiggered his budget accordingly by adding billions of dollars worth of armaments. Yet many Pentagon backers in Congress are afraid that support for increased defense spending will quickly erode if Weinberger's economic forecasts prove too rosy and defense estimates start spiraling upward while Congress is simultaneously slashing domestic programs. Says Democrat Sam Nunn of Georgia, long an advocate of rejuvenating the military...
Although competing in different heats, Dunster turned in the fastest time of the day, edging the Eliot boat by one second. However, both boats won by more than five lengths in their respective races, so one tick of the second hand doesn't predict victory for the Funsters, just a close race...
...luck, good or bad. People who believe in luck aren't particularly rationalist either, however, since scientific rationalism has as much trouble dealing with luck as theology does. The best it has to offer is Heisenberg's Uncertainty Principle, which states that it is absolutely impossible to predict the exact behavior of atomic particles. Luck is a weird, pagan, primitive business. Or else, in modern dress, it is a frigidly heartless existentialism. In any case, whatever its occasionally whimsical moments, luck has a philosophically terrifying core...
...force to draw near, to descend from the void of the random for an instant and shower fortune on some lucky head. To ward off luck's malevolent side, the infection of a curse, the evil eye, populations have danced and chanted and worked with charms. To predict its whims, they have studied omens, birds' flights, goats' entrails; they have consulted gypsies and star charts...