Word: reckons
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...Tribune the same day. These conflicting headlines reflect a situation that is frequently hard to fathom, but that matters more and more. At a time when the U.S. has to worry about its own place in international economic competition, the prejudices of informed opinion abroad are a factor to reckon with. Last week TIME correspondents took their own survey of top businessmen and economists from London to Tokyo...
...recession strikes so soon, the current recovery will prove to be the shortest as well as the shallowest since the war. But there is one consolation: most economists reckon that, whenever it comes, the next recession will be one of the mildest ever, because the economy has not built up big enough for a hard fall...
That's a younger man's job." But at 53, in good health and belonging to a family noted for longevity, Nelson Rockefeller can certainly look forward to 1964, to 1968 or even beyond. And as of now, he is plainly the man to reckon with in the Republican Party. Recently, in the course of campaigning, he was received into the Hawk clan of the Seneca Nation and given a new name: Sagoyewatha. It means "He Keeps Them Awake"-and it somehow seems appropriate to Nelson Rockefeller's present position in his party...
First Ride. Gary Cooper could have played Joe Walker. Walking as though he were wearing cowboy boots. Walker lards his speech with sounds like "Yup," "I reckon." and "Haw!" and claims that he is just "a physicist who travels." He grew up on a 200-acre farm near the Pennsylvania coal-mining town of Washington...
...every businessman a tax credit of up to 8% of any amount that he invests in new equipment; the credit would be in addition to present depreciation schedules, which permit businessmen to deduct the costs of plant and equipment from their tax bills over a period of years. Economists reckon that a step-up in spending for such capital goods will be doubly important this year to keep the economy moving forward in the second half, when the big stimulants of Government spending and inventory buying are expected to flatten...