Word: without
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Dates: during 1960-1969
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...population of Cambridge is less than 10%, and called the 20% proposal "gross and seemingly illegal discrimination." Next day black students responded by preventing workers from entering a Harvard construction site, taking over the faculty club and seizing University Hall as well. Once more, they left the administration building without causing violence, but not before Harvard got a court injunction, and at least 50 blacks were suspended. At week's end the outlook for an end to disruption was uncertain...
...board reversed itself too emphatically, and caused the "credit crunch" of August 1966. In 1968, the board, fearful that the tax surcharge would overburden the private economy, increased the money supply at an average annual rate of 10%?almost twice the rate that the economy could absorb without inflation. Then, a year ago, the board switched to its restrictive money policies. Six to nine months after these gyrations occur?and sometimes much later?they significantly affect the performance of the whole U.S. economy...
...will go through an "inflationary recession." There is almost no way that the U.S. can avoid simultaneous increases in both prices and unemployment; the question is just how bad those rises will be. "Never has a U.S. inflation of the present intensity?5% to 6% a year?been controlled without a recession," says Economist Beryl
...present outlook no cause for alarm. Arthur Okun, the former head of the Council of Economic Advisers, calls the chance of either a recession or a continued boom "a long shot." By his handicapping, the Government stands a 50% chance of bringing the inflation rate down to about 4% without causing a politically unacceptable rise in unemployment. Still, Okun insists?as do the other members of TIME's Board of Economists?that it is high time the Federal Reserve eased its monetary brakes...
Devoid of motivation and imprisoned in the dance hall, the movie hungers for some message from the outside world. The contestants are soon reduced to figures without a landscape, whose despair is often expressed but seldom reasoned. Even Director Sydney Pollack seems to sense the claustrophobic atmosphere-and he restively punctuates the nonhappenings with slow-motion scenes and rapid flash-forwards. Seldom effective and much too mannered, they serve only to bring the wrong kind of poverty to the project...