Word: protractedness
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It is frustrating to watch the Fed struggle along under the misguided idea that either we have inflation and moderate interest rates or we have protracted recession and high rates. The U.S. can enjoy prosperity, reasonable interest costs and price stability, but only if there is a sensible fiscal policy...
But Iran has proved obdurate. Knowing that any decisive advance over Iraqi forces is unlikely in the immediate future, the revolutionary government of Ayatullah Ruhollah Khomeini has discovered that a protracted war has its benefits as well as its penalties. The Iraqi invasion has served to unify Iran in the...
For months now, HRE, which manages Harvard's properties, has been engaged in protracted disputes with several small groups of tenants. At the Craigie Arms building on Mt. Auburn St., residents charged that Harvard violated Cambridge rent control codes; at 9-13a Ware St. tenants complained of trespassing by...
Normally, the men in the foxholes at Fort Bragg, N.C., would be American G.I.s. But these were Spanish-speaking members of the Salvadoran army taking part in a novel experiment. The soldiers are among 1,466 members of the 15,000-man Salvadoran force who are starting to receive a...
Still, it is inevitable, indeed understandable, that the Viet Nam analogy should arise in the context of the civil war in El Salvador. Precisely because the American debacle in Indochina was such a protracted, painful and preoccupying episode, it is sure to come to mind whenever the U.S. faces circumstances...