Word: stagnant
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...again on a rief tour in the '70s But while those productions demanded an elaborate naturalistic set--not the Ex's style, to be sure--director Bill Rausch is exploring the effects of gray paint and suspended bare trees (borrowed from the Harvard Forest) to create the "cold, stagnant environment where nothing ever changes"--the one usually associated with Wharton's spare style...
...economic issues, Tsongas sounds a bit like the Republican he once was. He says that traditional Democratic concerns, such as industrial safety and worker's rights, should take second place to insuring that the economy is performing well. Says he: "A stagnant economy is, by definition, illiberal." Righting the economy, Tsongas argues, requires new incentives for savings and investment. He strongly opposes, however, Reagan's supply-side theology on the ground that across-the-board tax cuts are inflationary because they will stimulate consumption rather than productivity...
...months, and you'll feel it in your veins," an affluent and highly educated aunt told me. The sight of grown men sharing their food with dogs and little kids using the streets as a toilet evokes disgust, and even more sickening is the ubiquitous stench of the stagnant and deadly rain water that never evaporates from the gutters. The word "poverty" loses its meaning because there is so much of it. The people somehow lead stable lives in these worst possible conditions, and the life of the city never idles. The chatter of hawkers, the stylistic craft of fruit...
...same question was asked 15 years ago during a credit crunch when mortgage rates reached a then phenomenal 6.5% after hovering for years at around 5%. Even in today's market, experts are not about to dismiss the U.S. housing industry. High interest rates have made the market stagnant, but they have also created pent-up demand among the baby-boom generation, who are now in their 30s. New housing is currently being built at less than half the 2 million-a-year rate needed just to keep up with those potential buyers. Robert Sheehan, director of economic research...
...hold on to customers. Not even last week's Israeli air attack on Iraq's nuclear reactor outside Baghdad did much to firm up the weakening price of crude. Though sporadic calls for an oil embargo of the U.S. echoed through the Arab world, petroleum prices stayed stagnant on the bellwether spot market, where much of the world's current excess is traded daily. At approximately $32 per bbl., spot market crude is now selling for nearly 20% less than last autumn...