Word: slowdowns
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...fears that the Prime Minister's militant attitude could touch off class strife in Britain's stratified society. Britons have generally sympathized with the miners' plight, but there is growing resentment against them over the coal shortage that they have caused by their month-long work slowdown...
...among other things, new spending programs that Congress has already approved, the replacement of military equipment given to Israel during the Middle East war, and the funding of stepped-up energy research and development. All told, these additions could produce $15 billion worth of red ink as the expected slowdown eats deeply into tax revenues. Although the deficit itself will not cause much inflation, fuel scarcities and shortages of other goods will assure that prices will continue to rise sharply...
...Bankers and finance men in Western cities ride along the raw edges of panic with their Wall Street colleagues. Many in the resort trade are petrified. The trade conventions of men in the petrochemical industry are held under a cloud of doubt. The immense plastics industry is nearing a slowdown...
Even before the Arabs' oil embargo, forecasters almost unanimously predicted a slowdown for the U.S. economy next year. Now fears are growing that the oil crisis could lead the nation closer to a recession, with some rises in unemployment, heightened inflation and widespread shortages of vital petroleum-based products...
...next dozen years. Though Tanaka's political opponents agree that JNR must be improved, they argue that the $40 billion plan is too lavish and will give a big push to inflation, already at 13%. The unions are not overly impressed either. They plan yet another paralyzing rail slowdown next month...