Word: slow
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Dates: during 1970-1979
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Good for Brand, O'Connell and Orlick and the new no-win, noncompetitive games [Sept. 11]. Acceptance of them will be slow in a nation geared to tot-'em-up victories and defeats. Surely, the human race can see the merit inherent in striving to become better doctors and teachers, parents and human beings, and will try to improve in the important ways without the empty rewards of raised arms and Scoreboard lights...
...Crash of 79? Forget it. Oh, sure, there will be a quarter or two of very slow growth next year, but the odds are against anything that could even be called a recession. And if a recession does strike, it will be shallow and short...
...other economists expect only a kind of pause. Otto Eckstein, president of Data Resources Inc., a forecasting firm, offers a precise computerized prediction: the growth of real G.N.P. will slow from 3.9% in the current quarter to 3.2% in late 1978, 1.9% in the first quarter of 1979 and 1.1% from April through June next year. But then it will pick up enough to produce a growth rate of 3.1% for all of 1979; that would not be far below the 3.9% expected this year, and is probably about as much as the economy can afford without generating even worse...
...wage pacts, rank-and-filers would vote them down. Weidenbaum adds that the result might be strikes?by the Teamsters, for example?that could tip the economy into a recession he does not now expect. The Republican board members believe that inflationary fever can be lowered only by the slow-acting medicines of lower federal spending, reduced deficits and moderate growth in the money supply...
Improving considerably on his last performance, Fitzsimmons joined fellow seniors Sheehan and Meyer as Harvard's main scoring punch. "Last meet I went out too slow and it cost me," Fitzie said. "This time I stayed with the pack and it helped...