Word: predictible
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...dropped 28.35 points, including a 20-point free fall on Monday, to its lowest level in 13 months. New figures out of Washington showed that inflation in July had increased at an annual rate of 15.4%. And the Government's index of leading economic indicators, which attempts to predict the future course of business, dropped another .1% in July after falling 1% in June and 1.6% in May. What has happened to all those miracles promised by the practitioners of supply-side economics...
...moneymen, however, predict that the dollar will fall back to the depths reached in late 1979. International experts generally believe that the U.S. is finally confronting its inflation problems, and they are betting that this will mean a stronger dollar in the future. Says Joop van Kessel, an economist at the Amsterdam-Rotterdam Bank: "There is a general feeling that things are working for the best in the U.S. That confidence has a lot to do with Reagan's cowboy image and strong personality." Even European government officials, who have been battling to bolster their currencies, give Reagan...
...main drawback to Uniqey is its plush price tag: about $200,000 for a 500-room hotel. But hotel executives predict that the traditional key may become as rare as bellboys with round red caps...
There are already more than 1 million personal computers in American businesses and homes, and experts predict that there will be perhaps 10 million of them by 1985. Sales this year are expected to be $1.5 billion. About three-quarters of the machines are used by businesses to keep track of inventories and sales and perform other office tasks. Use in the home, where computers can balance a checkbook, make out tax returns or be study aids, has been developing more slowly than in small businesses...
Almost unanimously, certainly wishfully, the striking controllers predict that the Administration's plans to replace them will not work. Contended Controller Dick Holzhauer at an Oakland, Calif., radar center: "If we hang together, I know they can't run the system without us. They're going to want their pound of flesh, but they'll settle." Asked Controller Roger Hicks at Houston Intercontinental Airport: "Where are they going to get 13,000 controllers and train them before the economy sinks? The reality is, we are it. They have to deal with...