Word: sprinkel
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Among economists, Walter Heller (President Kennedy's chief economic adviser), Paul Samuelson of M.I.T., Beryl Sprinkel of Harris Trust, Theodore Andersen of U.C.L.A., J. Carvel Lange of New York...
...months. In the past, whenever the indicators have been misleading, it has often been the long-term leaders that pointed down while the short leaders continued to show strength. Last week both long and short leaders were weak. On this basis, such highly respected economists as Vice President Beryl Sprinkel of Chicago's Harris Trust & Savings Bank foresee a recession by year's end or at latest in first-quarter...
...Skeptics. Businessmen, however, find a lot to criticize in the Kennedy program-especially in the tax credit idea. Chief Economist Beryl Sprinkel of Chicago's Harris Trust concedes that the tax credit marks "a step in the right direction," but argues that "it is discriminatory in who benefits." Sprinkel's main complaint: Companies that spend money on new equipment will get the tax credit, but those who modernize by spending heavily on research will...
...PUBLIC. No previous postwar steel shutdown has been met with such public apathy. But there are warnings that may soon jolt that apathy. Said Chief Economist Beryl W. Sprinkel of Chicago's Harris Trust & Savings Bank: "By Oct. 1, the strike will be a significant depressant on business. If both sides do not reach an accord by then, the Government will have to step in." Last week the Administration repeated that it had no intention of stepping in. The strongest public pressure for a settlement came from 100 steelworkers' wives who, with a bow to the women...
Night & Day. In Los Angeles, Walter R. Sprinkel, asking for a divorce, charged that his wife Clara lost his money on the horses during the day, insisted on sharing her bed with three pet cats at night...