Word: sputterers
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...budget dilemma cannot be ignored for long. TIME's economists agreed that unless action is taken to reduce the deficit, the recovery will sputter and stall. Without a doubt, forcing the Government to live within its means will be one of the greatest economic challenges of the decade. -By Charles P. Alexander
...continue beyond a year or so and lead to a sustained period of increasing production, incomes, jobs and living standards? That would belatedly vindicate President Reagan's view that the recession was the bitter price that had to be paid for future healthy growth. Or will the upturn sputter along at half-speed through many months or even years of continued high unemployment, until the economy slips into a new recession? Some liberal economists warn that this may happen, and conservatives by no means dismiss the possibility...
...abortion and banning busing as a tool to desegregate schools, be put off while the new Government concentrated on the more pressing economic and budgetary concerns. Even now, many top officials, from the White House to Capitol Hill, would like to see these troublesome issues continue to simmer and sputter on a conveniently distant backburner. Conservative leaders, however, are in no mood to wait any longer. "Our patience is wearing a bit thin," says Ronald Godwin of the Moral Majority. So Jesse Helms of North Carolina, the New Right's Senate shepherd, has insisted that Majority Leader Howard Baker...
Thereafter, Sharky's Machine begins to sputter somewhat, since Reynolds seems not quite to trust his fans to turn on for an exercise in pure eccentricity. As a director he is good with violent unpleasantness, but the volume is cranked up too high. It tends to drown out the good and far more surprising minor-key work that has gone before it. Still, the pleasure of watching good character men like Brian Keith, Charles Burning, Bernie Casey and the estimable Richard Libertini going pocketa-pocketa as Sharky's Machine warms up is not to be lightly dismissed...
WEST GERMANY. This mighty economic juggernaut has begun to sputter badly. In 1980, West Germany's current account deficit, which includes trade of both goods and services, reached a record $15.4 billion; inflation was 5.2%, an unacceptable level by West German standards. The Bonn government is therefore slowing the growth of spending and curbing the money supply. Herbert Giersch, director of the University of Kiel's Institute for World Economics, expects no growth in his country this year, following a 1% decline in 1980. Though inflation should fall to 3.5% by the end of 1981, unemployment will rise...