Word: bitingly
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...credit] markets at those astronomical interest rates." Heller does not, however, expect "a full-fledged credit crunch like we had in 1974." He also thinks that the U.S. can avoid a recession as deep as that year's, though only if Washington acts to ease its bite by cutting taxes...
...leave 400,000 to 500,000 Soviet servicemen in the country. The withdrawal of 1,000 tanks would leave 6,000 Soviet tanks. Says a West German foreign ministry official: "Strategically, this doesn't mean a damn thing. The numbers are so huge that this is a small bite." The Soviets, moreover, could pull out support personnel like military police, cooks and clerks. What is more, if the 20,000 troops are moved just inside the western Soviet border, they would hardly constitute any less of a threat to Europe...
...raise would a worker have to get to keep up with inflation after federal, state and city income taxes take their bite? Certainly price rises and tax rates vary from one part of the country to another; but the following figures, prepared by the Ernst & Whinney accounting firm, show how big a boost three families, each consisting of four people and living in New York City, must be given to keep them even with the national inflation rate of 13%. In all three cases, both spouses are assumed to be working, each earning half the family income...
...weak. Scarce and expensive energy will mean that growth throughout the 1980s will be sluggish. Says Democrat Walter Heller, who was President John Kennedy's chief economic adviser and now counsels brother Teddy: "The bad news bear is up the path. The recession has only just begun to bite...
Tavernier attempts to explore the concept of madness through Bouvier's experience as a social outcast yet the character is never clarified. Tavernier dredges up the usual socio-economic sludge but he leaves it unexplained; was Bouvier raped by monks, did the rabid dog truly bite him, was he mistreated in the hospital, was he even crazy before he shot Louise and put two bullets in his own head? These questions do not provoke thoughtful analysis into the very nature and definition of madness but rather confuse and eventually annoy the audience. If Bouvier was a lovable fool, dispensing wisdom...