Word: sluggish
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Dates: during 1970-1979
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...Indira said last week, "this increases our responsibility to do something quickly." One of her first acts when Parliament convenes this week will be to present a new budget. Beyond that, the pressure will be on her to produce some solutions to India's myriad problems-inflation, a sluggish economy, unemployment, poverty. Hovering over all of these are the twin specters that have haunted the nation from its birth in 1947. One is the spate of ethnic, religious and linguistic divisions that have always threatened to tear the country apart; even today there are no fewer than 14 official...
...Then, from fight to fight I came to understand his beauty, to hear his insolent jibes, and to know he was the best. The smoothness of his form and motion dominated the ring; his left moved the fight around and around, clockwise, while his feet beat the time. The sluggish, solid challenger could only stand still and let it happen...
...more important force is the sheer momentum of a trillion-dollar economy, which takes a long time to slow down from an inflationary boom and may be equally sluggish in responding to expansionary Government policies-such as the $16.4 billion increase in federal spending, to $229.2 billion, that Nixon has budgeted for fiscal 1972. In Arthur Okun's view, the economy is "stuck in the mud," though it is "the mud along an ascending path." Said Okun: "I cannot see unemployment going down without an improvement in consumer confidence, and I cannot convince myself that there is going...
...that it charges on loans to member banks, from 5¼% to 5%, the lowest in almost three years. The discount rate is unlikely to go down again soon. But nobody rules out the possibility of further cuts in the prime rate if borrowing continues to be sluggish...
...SLUGGISH, vacillating and quarrelsome throughout its two years of life, the 91st Congress could not even muster the means to die gracefully. It did not so much expire as commit suicide, victim of its ineffectual procedures, disagreement over priorities and inter-chamber acrimonies...