Word: weakest
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...malaise. Consumer confidence rose sharply, and sales of cars and homes began to shift into high gear. But in the clear light of autumn, that hopeful moment seems long gone. Despite assertions from Washington and most economists that the recession ended last May, the recovery may be the weakest in postwar history, and many sectors could even be sliding backward. "The situation is far worse than the government would like us to believe, and things are going to remain this difficult for some time," says Bernard Brennan, chairman of Montgomery Ward. "I think we're naive to assume that...
...weakest unit on defense is the linebacker position, where Cozza will try to replace Jerry Joyce, who led the team in tackles last year, and captain Chris Gaughan...
...weakest unit on defense is the linebacker position, where Cozza will try to replace Jerry Joyce, who led the team in tackles last year, and captain Chris Gaughan...
That grim prospect will further dampen what is already shaping up as the weakest U.S. upturn since World War II. "Even if there were no recession, there would still be massive layoffs," says Hugh Johnson, chief economist for the New York securities firm First Albany. "People are going to lose their jobs, and they are not going to be rehired." Concurs Allen Sinai, chief economist for the Boston Co. Economic Advisers: "The name of the game is to hold down the nose count...
...Iran." At the same time, the U.S. and its allies are determined to wipe out Iraq's weapons of mass destruction and seriously impair its conventional war machine. Reconciling those two aims requires a delicate balancing act. "You want an Iraq weak enough that it can't threaten the weakest of its neighbors, yet strong enough to deter the strongest of its neighbors," says Les Aspin, chairman of the House Armed Services Committee...