Word: turned
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Dates: during 1970-1979
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...they announce the program? The purpose was simply to fool the Americans and other foreigners, to attract their attention. The same is true of the "Big Character Posters" on Democracy Wall. The Four Modernizations were designed to give the outside world the impression that the mainland was going to turn into a huge market. But in fact no country can be modernized unless it can first modernize its thinking and its political system. Unless Communist China does this, it can never succeed with the Four Modernizations...
...have become even cooler and more distant as the President and his lieutenants have poured out inflammatory business-bashing rhetoric. The assaults are particularly troubling because they come at a time when the nation can ill afford more divisiveness. "Every big businessman is wondering when it will be his turn," says Forrest Rettgers, chief lobbyist for the National Association of Manufacturers. "Carter is shooting at oil now, but who will be next...
During the recession, TIME'S economists expect, the real gross national product will decline by only 1% or 2% before recovering next spring. Still, that will be enough to weaken loan demand and cause overall interest rates to turn down. The economists expect the banks' prime lending rate to rise from the present 11¾% to 12½% or 13% in early summer, and then decline, perhaps sharply. Thus, the stock market should rise later this year. Wall Street rallies often begin during recessions...
...education, at least, some useful efforts are being made to live with the electronic menace, and even turn its endless noise, repetition, violence, materialism and banality to some advantage. All last year in Lansing, Mich., for example, High School Senior Eric Pretzlaff has been filling out his home "viewing log." His assignment is to take notes on the prime-time shows he sees with a view to improving his understanding of economics. After watching CBS's Alice, he noted that Alice's high standard of living is not consistent with her job as a waitress in a small...
...before home-town fans at Baltimore's Pimlico Race Course. It was a dazzling performance by the big gray son of Bold Bidder, the heaviest favorite for the Preakness since Man o' War went to the post in 1920. Carried wide by the field through the clubhouse turn, Spectacular Bid exploded on the backstretch, striding effortlessly past the early leaders to take command of the race. Though Jockey Ronnie Franklin eased him to the wire, Spectacular Bid finished the 1 3/16-mile Preakness circuit just 1⅓ sec. off the track record...