Word: stagnant
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Dates: during 1980-1989
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Despite the economy's surprisingly strong performance in the last three months of 1980, when it grew at a 5% annual rate, the short-term outlook for the U.S. economy is somber. TIME'S board foresees another year of stagnant production and rising prices in 1981. Interest rates, which rose to more than 20% last December, continue to hurt seriously the all-important housing and automobile industries. The result: the output of goods and services is expected to drop by about .5% in the first half of this year. Concluded Greenspan: "The economy remains weak, and the numbers...
Waiting for what? Frequently for something bad to happen, or for a feeling, perception or mood to catch up with something bad that has happened. The stagnant '70s had their share of grim talebearers, notably Joyce Carol Oates, who attracted an unusually wide audience for a short-story writer. Reading the bulk of her work is like taking an unblinking look through the files of a psychiatric social worker. The Dead, her contribution to Prize Stories of the Seventies, follows a neurasthenic woman writer named Ilena through a declining marriage, a feverish love affair and literary success. The first...
...worried that the Thatcher government in Britain has adopted measures similar to your proposals to try to curb inflation and revive a stagnant economy, and yet has had to modify some of its policies...
...Presidents Kennedy and Johnson, warned that the economy is already weakening, and will wind up registering around 2% in real annual growth during the fourth quarter of 1980. Heller predicted that overall economic activity during the first three months of 1981 will decline approximately 1.5% and remain essentially stagnant for the following quarter...
...American radio has gotten to a tremendously stagnant situation because they're afraid to take a chance," Miles Copeland complains. "I person ally can't listen to any station in this country for more than five minutes without tearing my hair...