Word: crunch
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...will be in the 5% range, which will promote a lesser rate of rise in the gross national product in the latter part of the year than in the first part." Interest rates will probably drift up somewhat, but there is unlikely to be a repeat of the "credit crunch...
...when the crunch came, he ended up backing many of the more radical proposals. He didn't want the U.S. to play a Big Brother role in Latin America. He didn't like what a lot of U.S. corporations were doing there. And despite his misgivings, he felt that the people of Chile will be best served if. President Salvador Allende's socialist government survives...
...Asia. Kennedy bleated and complained about the news stories out of Viet Nam that ran counter to the cheery calculations of Robert McNamara's Pentagon computers and the bravado of the generals. But he was always tugged by reason and maybe, just maybe, had he lived to face the crunch he might have overwhelmed his gut, which said fight, and gone by his head, which suggested that Communists were not as bad as they used to be and, besides, wars on mainland Asia were not an American calling...
...what the Environmental Protection Agency says industry can afford. In effect, Congress is promising that the need for antipollution equipment would not put small and antiquated plants out of business, but it is also warning that even relatively unprofitable factories must begin to curb their wastes. The real crunch would come with the second deadline. By July 1, 1983, all industries must upgrade their antipollution equipment to make use of the "best available" technology-even if it is expensive...
...preservation. "Congress also mandated the Service to preserve lands for the enjoyment and benefit of the people," he told TIME Correspondent Bonnie Angelo last week. "Unless you are prepared to walk into parks with a pack on your back, Congress intended that there should be roads. The real crunch coming in this country is to articulate an environmental ethic to guide corporate and human conduct -and this speaks basically to the issue that man is part of his environment. The practical problem is that we know exactly how many elk a park can handle ecologically, but not how many people...