Word: shrinkly
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...have a little wit and a little dare," explains Vogue Editor Grace Mirabella.. But they have their drawbacks too. The exaggerated silhouette and overgrown pants and tops are not for the timid. Moreover, while sweat material is not delicate, it must get special care so it will not shrink or droop...
Whatever the perils of shrink or droop, they show no effect on sales. Manufacturer Kimmel figured he would do about $2 million this year in retail business. But Kamali already has grossed more than $10 million in the U.S. and eight other countries. Next year, sales could soar to $24 million. Variety may be one of the answers. No longer just humble gray, the sweats now come in stripes and seven colors. There are short cheerleader-type rah-rah dresses and skirts, harem pants, saucy knickers, long bomber jackets, and oversized sweatshirts to be worn over tights as minidresses...
...federal deficit, which s $55.6 billion this year and rising. Government borrowing weighs heavily on credit markets already strained by brisk demand for business loans, including the huge sums to finance megabuck corporate mergers like that between Du Pont and Conoco. The Administration has predicted that the deficit will shrink to $42.5 billion in 1982, and disappear altogether by 1984. But those targets are fast slipping away. The Congressional Budget Office forecast last week that the deficit would be $65 billion in 1982 and would total an extra $50 billion in 1984. As the Federal Reserve continues to restrict...
...those aren't the only numbers with which the coalition may wrestle. Members say their legal defense funds will shrink as the battles in court drag on and as the effects of Proposition 2 1/2 are felt by the town of Brookline--which has spent more than $100,000 fighting MATEP in court. But Daniel J. Partan, chairman of the Brookline selectmen's ad hoc legal committee on MATEP, says, "Proposition 2 1/2 poses a problem for us, but the MATEP plant poses a problem also. We're committed to preventing damage to the community...
Some stances seem obvious. Americans, for instance, don't seem to mind if their tax cut comes at the expense of welfare recipients, but the older among them are going to be hopping mad--and a lot may vote--if it means already puny Social Security checks shrink further still. A few Democrats have already jumped on this bandwagon; more should follow, for it will be the first opportunity to remind Americans just what government austerity means. In no time, the T.V. news will be crowded with old people who eat dog food. Reagan and David Stockman may back...