Word: speedups
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...program that offers something for everybody runs the risk of not much pleasing anybody. So it is with Jimmy Carter's economic program-an amalgam of quick tax rebates for individuals, permanent though much smaller tax cuts for low-income people and corporations, a speedup in public works and other job-creating programs for the unemployed, all calculated to pump $12 billion to $16 billion into the lagging economy this year, a similar amount in fiscal 1978. As comment rolled in last week from economists, businessmen, labor leaders and politicians, the predominant tone was one of disappointment...
Early in December, storekeepers in some parts of the U.S. were overjoyed as customers flocked to counters. But the pace slackened during the middle eight or nine days of the month. A few retailers became downright despairing, predicting sales below the previous year's. The speedup in the final week, however, pulled them through to at least modest increases...
...time to filter through the economy and become effective. The job, says Otto Eckstein, is not to pump up the 1977 figures as much as possible but "to create an underpinning for business and households for a better four years." The coming year, however, is the time when a speedup must at least begin...
...their part, seemed eager to start off on agreeable terms with the Carter Administration. Early in the week, at a Kremlin dinner for 150 U.S. business and Government leaders attending a trade meeting in Moscow, Soviet Premier Leonid Brezhnev talked over their heads toward Plains in urging a speedup in the arms limitation negotiations. At least partly, Brezhnev's remark seemed to reflect Soviet sensitivity over speculation in the West that the Kremlin would aggressively move to test the toughness of the new Administration (TIME...
...Sudden Speedup. Irvine's management is "the best in the business," says U.C.L.A. Professor Fred Case, a land-development expert. Mobil and Cadillac Fairview have added their praise. Still, Watson, a 50-year-old former San Francisco architect who joined Irvine as planning manager in 1960, admits that he feels "apprehensive" about the impending takeover. One danger is that a new owner may order a sudden speedup in Irvine's growth in order to increase its profits; that could expose the company to the same boom-and-bust cycle that bedevils other developers...