Word: prospectively
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Dates: during 1980-1989
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With Shultz receding in influence, Clark will probably be forced into a more public role, especially when it comes time to explain Administration positions on Capitol Hill. Congressional Democrats-and a few of Clark's rivals within the Administration-relish the prospect, believing that such appearances will lay bare his shaky grasp of foreign policy. Says one detractor: "I think he'll eventually hang himself." But for the moment, friend and foe alike may find it worthwhile to drop by and see Uncle Bill...
Despite the prospect of moderately higher interest rates in the near future, economists are hopeful that the recovery will stay on course. "We have an economy that is bursting with energy," says Allen Sinai, a senior vice president of Data Resources, an economic forecasting firm. A new crop of 3 Government reports indicated last week that the strong upturn is continuing. U.S. industrial production rose 1.1% in June, the seventh monthly increase in a row, while June retail sales gained .7%. Says Walter Heller, chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson: "A percentage point increase...
...vision of Soviet-American relations we need is an ultimate partnership between two countries," he said, speaking through an interpreter that all panelists used. Berman added, "If we give up thinking of the prospect of war, we can live in a world where war can be avoided...
...large extent, the work he and other analysts did at Rand led to the adoption of the more refined nuclear war-fighting strategies currently in place. But the grim prospect of the unthinkable never diluted his evangelical optimism; during the past year he concentrated on selling his vision of a prosperous world future to schools and textbook publishers. "We've had 20 years of pessimism in this country," he said at a heated exchange at the Hudson Institute. "Being a realist today makes one an optimist...
...fragile as its predecessors and lack the cohesion to impose the economic rigor the country needs. Inflation is at 16% while unemployment, at 10%, continues an upward march. More urgent is the necessity to slash runaway public spending to reduce a threatening $60 billion 1983 budget deficit. The prospect of a series of weak coalition governments is already stirring speculation about the need for new elections in a year or two, when the Communists might do even better. Said a Western diplomat: "Once again the Italians are at the brink. Let us trust that, as usual, they will manage...