Word: soggyness
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The members of the TIME Board of Economists, which met last week in Manhattan, gave a much more upbeat view of the health of American business activity than they had presented at their last meeting in early February. Their outlook for the rest of 1981 is now generally favorable. The...
The major factor holding back robust growth is those staggering interest rates. Board members expect the Federal Reserve to keep the cost of money high for some time to come. The board's consensus: interest rates will stay up, although they will ease a little by autumn. This will...
Meanwhile, out in the soggy New Jersey marshes, the Crimson hammer throwers followed suit and took third and fifth. Colin Ball sailed his projectile 183 feet for the bronze, and Al Quintero, in his first season hurling for the varsity, reached 159 feet for fifth.
Gault and Millau, as you know, publish the monthly food and travel magazine Le Nouveau Guide as well as a feisty annual guide to French restaurants, which sometimes makes Michelin's comments seem like soggy croissants. Oh, mes chers, what G-M have to say about l'Am...
While many private economists are talking about the strength of the economy, the Reagan Administration is concentrating on its weaknesses. "We have a very soft, soggy economy," said Treasury Secretary Donald Regan last week. Murray Weidenbaum, chairman of the President's Council of Economic Advisers, downplayed the economy'...