Word: uncertainity
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Dates: during 1970-1979
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...least were able to return quickly to their homes, are facing the challenge of reconstruction with a modicum of optimism and determination. Those who lost their entire homes or suffered enough damage to have been relocated in a motel outside of Hull, are usually more depressed and uncertain about their future. Some have lost all hope...
Says Alan Greenspan, who was chairman of President Ford's Council of Eco nomic Advisers: "There seems to be some belief that you can exorcise this state of business mind by mass psychotherapy. But you can't because the attitudes are not irrational. When you are uncertain about the environment for investment, then you will not commit your money, just as someone will not run in the middle of the street blindfolded." Otto Eckstein, head of Data Resources Inc., a Boston-based, computerized economic-forecasting firm, thinks that executives' caution should not even be described as "lack...
Equally ominous, spending on research and development has fallen from 2% of gross national product in the mid-1960s to 1.5% today, partly because research projects often will not yield a return until well into what businessmen see as an uncertain future. Both the rise in hurdle rates and the decline in R. and D. indicate that the hired managers who run corporations today are more fearful of taking risks than the venturesome owner-managers...
...uncertain whether Lance may also hold an executive position with Financial General if it is taken over by BCCI. The Securities and Exchange Commission is still examining Lance's management of the National Bank of Georgia and the Calhoun National Bank; among other things, he and his family ran up large and persistent overdrafts while he was the boss of Calhoun. Lance shrugs off rumors that the SEC is debating whether to bar him at least temporarily from holding a management post with a U.S. bank...
...words, "the only thing you can do is religious education." Consequently, the Church pays less attention to students training for non-clerical religious careers than the students would like. Coffin switched from the MTS to the M.Div. program to open other career options besides college teaching, but still is uncertain about her future. She foresees no special problems being a woman entering the Church's male-dominated organization. "Lay men are in just as much trouble as lay women. They're getting nowhere either," she says...