Word: tailspins
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...captains Russell Long and Jim Hammitt, and the depth provided by other skippers such as Steve Strittmatler, Nick Stone and Andy Efstathiou. Horn notes that the team has survived the loss of last year's co-captains Tom Reps and All-American Terry Neff, without going into a tailspin. Now he says all the Crimson skippers need before they have a truly superlative season is a lot more sailing time...
...House and crusty, conservative Federal Reserve Chairman Arthur Burns, who is widely respected in the business community. Fearing stepped-up inflation, Burns wants to slow the growth of the money supply. Carter's liberal economic advisers argue that too tight a rein may send the economy into a tailspin...
...other hand, CEA Chairman Schultze, the Administration's most vocal critic of Burns, holds that velocity is declining and that if the Fed does not increase the money supply, interest rates will shoot up and the economy will be in danger of going into a recessionary tailspin...
...feels that last season's tailspin, including an eight-game losing streak ending the season, was also a learning experience. "The bad part is a lot of people expected to lose. For me, it was a good experience in a way.... Soccer had always meant a lot to me, I had always been on a winning team.... I realized then that soccer was not the only thing...
Increasing productivity and defeating inflation are clearly vital. It will not be easy for Martinez de Hoz to achieve this without creating massive unemployment and real recession. If that sort of tailspin came with living standards falling and terrorists still active, workers and their Peronist union bosses might be tempted to try something far less passive than trabajo a tristeza...