Word: sluggish
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...income-tax surcharge later this year-a move strongly backed by many other businessmen, who argue that the increase would stifle business recovery. With or without higher taxes, Socony Mobil Oil Chairman Albert Nickerson predicts nothing more than "very moderate" economic gains this year, partly because "private industry is sluggish, but all levels of Government spending...
Lack of orchestral blend, sluggish tempi, square, measure-bound phrasing, and the acoustical recalcitrance of Sanders Theatre all prevented the Symphony's ever getting off the ground. And one should not be left unenthralled by Brahms...
...economy, Washington policymakers have counted on a strong rebound by the housing industry-the foremost victim of last year's tight money. Though housing has clearly begun to climb back from its worst slump in almost a decade, the revival so far has been a bit sluggish. Last week the Commerce Department reported that March housing starts showed a mere 1.7% gain from their February doldrums, to an annual rate of 1,171,000 new houses and apartments. At that pace, the industry was barely bettering its performance during the last half of 1966. "It's easier...
...Johnson Administration wants, the Federal Reserve Board has not always delivered-at least not while the economy was booming. In late 1965, when the President wanted an easy-money policy, the Fed seemed to go out of its way to tighten things up. But ever since business turned sluggish last winter, the President and the Reserve Board have been working in tandem. The Federal Reserve sliced required bank reserves to make money more available. The Administration pushed the reinstatement of the 7% investment credit on corporate capital spending, pumped money into a drooping mortgage market, stepped up highway and other...
...Like Flint is the further adventures of a far-out secret agent who makes James Bond look like the stately Holmes of England. In Our Man Flint (TIME, Feb. 4, 1966), James Coburn's screwball skills put some spin into a sluggish scenario. But even he cannot defuse this bomb of a sequel...