Word: sluggish
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...jobs promised by López Portillo, to cite one example, are 200,000 fewer than the number of youths who enter the work force every year. On balance, though, U.S. policymakers believe Mexico can surely avoid the kind of wrenching upheaval that led to revolution in Iran. Corrupt and sluggish though the P.R.I, may be, it is also a broadly based force for political stability. And for the next three years, it will be controlled by a President who, U.S. officials agree, is a strong, talented and well-meaning administrator...
Between 1889 and 1970, the nation ran a trade deficit only once, in the midst of the Depression, in 1935. Yet since 1971, the combination of low productivity and high inflation has reduced both the supply and the competitiveness of U.S. products. Consequently, export growth has been sluggish, and foreign goods have poured into the U.S. at an ever increasing rate. Coupled with the nation's increasing dependence on foreign oil, this has meant that the U.S. has managed to eke out a trade surplus only twice since 1971, running up a cumulative deficit of $59 billion in those years...
Protectionism is the heart of the productivity problem, he believes, because resources are blocked from moving from sluggish industries to more productive ones. He favors pulling investments out of "sunset" industries and allowing them to go under, while providing generous aid and retraining programs to laid-off workers. Says Thurow: "If we cannot learn to disinvest, we cannot compete in the modern growth race...
Olivier has much the same problem, only much worse. He comes on with his elaborate fussing and bogus accent, and just as he begins to work his magic, the way he did under the sluggish lenses of Daniel Petrie (The Betsy) and Franklin J. Schaffner (The Boys From Brazil), Badham cuts away. Olivier is a man of the stage, and cold entrances don't suit him; it takes him awhile to warm up. The only time Badham holds on him for any length of time is after he's just rammed a stake through his daughter's heart, at which...
...election to the presidency in July 1976. In the economic field, Lopez Portillo's performance has been quite creditable. By holding down public spending and wages, he has been able to stabilize the erratic peso, slow inflation, reverse the flight of capital and stimulate private investment. After several sluggish years, Mexico's gross national product is now increasing by about 6% annually. Lopez Portillo has also promoted a certain degree of political liberalization, although his Institutional Revolutionary Party (P.R.I.) continues to dominate Mexican politics as it has for the past 50 years. To no one's surprise...