Word: tightness
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
What to do about the economy is just as baffling. Carter and Congress are being pulled in two incompatible directions. While inflation continues to roar along at an annual rate of 13%, the clouds of recession are fast gathering. Tight fiscal and monetary policies that can curb inflation may aggravate unemployment. "Poor Carter," said an aide. "He can't even get the timing of the recession to break in his favor. If the economy were really going soft now, he would solve it with some stimulus this fall and the recession might be over by spring. Instead of that...
...fiscal religion and that the political mood is shifting toward stimulating investment rather than consumption. Some steps in that direction were the Revenue Act of 1978, which slashed maximum capital gains taxes from 49% to 28%, and the appointment of the tough-minded Volcker to the Fed. Though a tight money policy temporarily holds back stock prices, it stands to retard inflation in the longer...
...well as part-time workers. Daniel D. Cantor, director of personnel, points out that an inflationary spiral causes employee morale to topple because the depressed economy spills over into the workers' lives and job performance. Still, Wickenden says she doesn't sense any waves of discontent because of tight money; in fact, she says that in ten years of working in the personnel office at the Ed School, "I don't remember anyone leaving because they weren't getting enough money...
Joining Horner should be tight end Chuck Marshall, a small but skilled returning letterman and another varsity baseball player. Linus O'Donnell, a powerful 6-5, 240-lb, tight end candidate, has been sidelined with leg problems; and Restic said he doesn't know when O'Donnell might be able to get back on the field...
...Ralph Pollilio and Matt Granger leaves Harvard with the job of reconstructing the backfield. Jon Hollingsworth, Chuck Sandor and Tom Beatrice all are contenders; but all are fairly inexperienced. Receivers Rich Horner looks like one of the Ivy League's top receivers. Letterman Chuck Marshall looks good at tight end, but he is small. Linus O'Donnell, at 6-5, 240, could be a powerhouse; but he is injured. Experience is scarce. Defensive line Five returning lettermen form a fairly solid, good-sized line, especially with Chuck Durst and Tim Palmer in the middle. Also, Steve Hollman at middle guard...