Word: worke
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Dates: during 1970-1979
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...inflation without creating another recession as deep as 1974," says Eckstein, a master of computerized forecasting who runs his own company. "They are finally jamming on the brakes, having done too little for a long time." But late as the switch is, Eckstein believes, "it's going to work. The chances are the inflation rate, currently 13.1%, will drop below 9% by February." But Eckstein sees a darker side: "There is no question that the economy is now going to turn down quite sharply. We are forecasting that unemployment, now 5.8%, will hit 8% by the second half...
...bank for his building loan. With 10% up front from every investor in the building and all the cash he could pull together, Deane was able to swing a loan of $1.6 million. The project was to be completed last April. Then he had trouble putting the package together. Work on the building started 14 months behind schedule. Meanwhile, the interest rate on Deane's loan has been going up and up; last week it reached 17.75%. The people who had been assured of mortgage loans are no longer certain that they can get them, or afford them...
...achievement stuns one's senses. The corn would fill 2 million jumbo hopper cars that would stretch 13 times across the U.S. Those 320,000 machines at work in the fields now, if lined up wheel to wheel, could harvest the state of Iowa in a day. (This harvest by 5 million farm workers would have taken, before machines, 31 million people using 61 million horses and mules...
...need adjectives such as democratic. Precisely because Islam is everything, it means everything." He defended the paramount role that the clergy will play under the new constitution: "Since people love the clergy, have faith in the clergy, it is right that the supreme religious authority should oversee the work of the Prime Minister or of the President of the Republic, to make sure that they don't go against the law, that is, against the Koran...
Vain, imperious, shy, a social throwback to the Old South, drowning like some failed Pleistocene fish in the swirling currents of democracy, Patrick Henry Bruce cannot have been an easy man to know. He refused to discuss his work, except with like-minded people; since he was sure that there was nobody like him in the art world, not one firsthand remark about his methods or aims has survived. In fits of depression, he destroyed part of his output; much of what he did not burn has been lost, and about half of his surviving late work was altered...