Word: current
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Dates: during 1980-1980
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...because I was being shot, but because I might let the team down." He died like a pro. As the bullets flew, he slumped convincingly over a table, then rolled to the floor. His comely companion cried holy murder, which made Mailer especially proud. She is his sixth and current wife Norris Church, 31. Said he: "Did you hear her? Weren't those just the loudest possible screams...
Looming over every current discussion of the U.S. economy is deep concern about the nation's increasingly mercurial interest rates. The prime lending rate that big commercial banks charge their best corporate customers jumped last week to 21.5%, breaking the 20% peak of last April and heightening fears of a renewed economic downturn. The economists on TIME'S board predicted that the rate is likely to go as high as 23% early next year...
Pechman estimated that federal spending will be $660 billion in the 1981 fiscal year that began in October. Given the current level of taxation and continued weakness in the economy, that will mean a budget deficit of about $60 billion before any Reagan tax cut. If tax reductions are enacted, the deficit could easily go to perhaps $75 billion. Much of the increase will come from so-called uncontrollable budget categories such as interest on the national debt, unemployment compensation insurance and welfare payments...
...possible member of Republican Administrations, Feldstein is an advocate of less Government regulation of the private sector of the economy . A major focus of his research has been on the American Social Security system. He contends that the Government's retirement program has transferred vital investment capital into current consumption and thus hindered the long-term development of the economy...
Chrysler's six assembly plants were operating. The company, which had once vowed that it would earn a profit in the fourth quarter, will probably lose more than $200 million between October and December. That would push its losses for 1980 to an astonishing $1.7 billion, breaking the current record for the highest yearly loss in U.S. corporate history, set by Chrysler in 1979 with $1.1 billion...