Word: slump
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When Heller took over as chairman of the Council of Economic Advisers at the start of the Kennedy Administration, the U.S. was just beginning to climb out of a slump. Fearing the recovery would be insufficient, Heller developed the idea of measuring the economy's performance not against past figures but against what it might reach while growing at full potential. That idea has long since become axiomatic for policymakers, but in 1961 it seemed radical. Heller believed such growth required a cut in the then towering income tax rates that in his view were strangling expansion -- and never mind...
...slump of the once robust dollar has been offset in part by bargain air fares across the Atlantic. Roundtrip tickets to such destinations as Paris, London, Vienna and Frankfurt can be found in some U.S. cities for as little as half the normal roundtrip coach fares. The cheapest tickets, though, are often restricted to certain dates and advance purchase...
...advantage may be the circle around her -- her mother and brother too." (A practice partner, Czech Pro Pavel Slozil, takes care to coach in whispers and cast a short shadow.) "It is not important who is called coach," says Peter Graf, "but she looks to me." Meanwhile, Navratilova's slump has coincided with several shufflings of the complicated cast of characters around...
...slump is over," crows Tandy Chairman John Roach. Indeed, Roach and his computer-industry rivals have reason to feel a sudden rush of confidence. After being relatively cool to personal computers for three years, customers are snapping them up faster than a high-speed printer spews out sprocketed paper...
...Harvard men's lacrosse team was going to break out of its slump, there was no better time than Saturday, when it hosted Holy Cross in front of 100 spectators at Ohiri Field...