Word: retardant
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Earnings this year have been assaulted by the 10% tax surcharge-an essentially Keynesian measure designed to retard demand and inflation as well as by the rising costs of labor, money and materials. Even so, profits generally reached new peaks in the first quarter. The Wall Street Journal, in a survey of 519 firms, found a 7.8% increase in aftertax profits-just about the same as in the last quarter...
Washington is steadily increasing its efforts to retard the sale of cigarettes in the U.S. with the broadest and most direct campaign ever made against a legally marketable product...
...nation's most urgent domestic priorities are to bring the races together and to retard inflation, which exacerbates social problems. Last week management and unions were deeply involved in struggles over those issues in two primary industries. One conflict affects auto production. Another threatens the airlines (see following story...
...rate of 3% or less by the end of this year. But many other economists and corporate policymakers predict an appreciably higher-or lower-rate of growth. When opinions divide and uncertainty becomes widespread, decision makers begin to act with caution, holding back buying plans. That tends to retard economic growth and inflation...
...recommend the appointment of an appropriate committee to assess Harvard's hiring, contact, and real estate policies. We also suggest the formulation of a committee to re-examine Harvard's investment policies to assess the degree to which these policies retard or promote the economic development of the black people and racial equality in America, with a view to stimulating black economic development in ways analogous to the investment program recently announced by the consortium of American foundations...