Word: shrink
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...that many will postpone retirement. The number of U.S. teen-agers will hardly rise at all by 1980, a fact that may reshape the market for companies that cashed in on rock records and teen clothing during the 1960s. The sub-teen population (ages five through twelve) will actually shrink, cutting into the demand for breakfast cereals, some soft drinks, toys and bicycles. Says Argus Research Corp. Economist Sam Nakagama: "American families can now spend money on themselves instead of their kids, getting rid of a great burden on family budgets." A burden will be lifted from state and local...
...Billion Error. In fiscal 1971, Nixon now estimates spending of $212.8 billion, revenues of $194.2 billion and a giant $18.6 billion deficit. For fiscal 1972, he predicts spending of $229.2 billion, revenues of $217.6 billion and a deficit of $11.6 billion. Although the President is proposing to shrink the deficit, his new budget is actually far more adventurous than the one he unveiled a year ago. The fiscal-1971 deficit is the unforeseen result of a $20 billion forecasting error; Nixon had originally budgeted a $1.3 billion surplus.* His projections were knocked askew by the recession, which is holding revenues...
...allergists' reports and notes from a doctor and a shrink. How about...
...just have a note from a shrink...
...reasons are more economic than aesthetic; postage matters more than paper to the mass-circulation magazines. For those in financial straits, it is a matter of shrink or sink. Some time this year, a new, privately run U.S. Postal Service will raise second-class mailing rates by at least 50%, and probably by 100% over the next five years, to make second class pay its own way. Rates are based on weight; smaller magazines costless to mail...