Word: short-term
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...This is the most important short-term economic challenge. We must have more efficient development in economic terms and also in social terms. The political problem is to bring about a proper balance...
...first, Craxi had insisted on either a short-term government with elections in the spring or else immediate elections; either, he hoped, would strengthen the Socialists' hand. But, after discussing the issue with Fanfani, Craxi apparently agreed not to raise the question for the moment and called on the Prime Minister-designate "to do quickly all that was possible to be done quickly...
Even California, once recession-proof, is suffering. The state that started the tax-cutting craze in 1978 is facing a shortfall of between $500 million and $1 billion in a $25.2 billion budget. Oil severance taxes, spending cuts and short-term outside borrowing are among the remedies under consideration. Says State Finance Administrator Mary Ann Graves: "We're on the razor's edge. And if the economy doesn't turn around, we're clearly over the edge...
...nation's easiest newspapers to rag on. A year ago, it switched to tabloid format, and it has now resolutely plunked down all its chips on violent crimes and eye-catching scandal. Today, Boston residents who want their news served up with an eye to long-term significance, not short-term sensation, know they are down to one choice And for them, the morning newsstand routine of reaching for the Globe now also includes time out to cluck at the Herald...
...long-awaited end to three years of tight money and high interest rates, or was it a risky short-term maneuver by the Federal Reserve Board to bolster the alarmingly depressed U.S. economy? Would interest rates continue falling or would they soon begin inching up again? Those were some of the questions businessmen, investors and economists asked last week as the stock market leaped then lurched, and interest rates plunged then firmed...