Word: hover
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...Federal Reserve to expand the money supply enough to rekindle inflation. The Fed must chart a narrow course between providing too much money, which would fan inflation fears, and being too stingy, which might stall the recovery. As a result, TIME'S economists predicted, the prime rate will hover around its current 11% level through 1984. Said Alan Greenspan, an economic consultant in New York City and sometime adviser to President Reagan: "Interest rates are now essentially trendless...
Simenon's erotic exploits, on the other hand, while undoubtedly extensive, hover in the realm of legend. Six years ago, he boasted to a Swiss interviewer that he had known 10,000 women, 8,000 of them prostitutes. He later revised his estimate to "tens of thousands." Moreover, he professed to see nothing extraordinary in it: "It's quite a normal number-even banal...
...deeply worried that the current economic recovery cannot be sustained" in an era of "outsized deficits." Such misgivings are by no means confined to Democrats. Murray Weidenbaum, Feldstein's predecessor as Reagan's chief economic adviser, voices "latent concern" that because of deficits "inflation will hover in the background and future increases in employment will not be significant...
...current naval operations involve two American aircraft-carrier groups and one battleship group (19 ships in all) that will be stationed in Caribbean and Pacific waters near Nicaragua during the next several weeks. What makes this unique is that for the first time in recent years the ships will hover off the coast of a particular Latin American nation. But there have indeed been past U.S. exercises in the Caribbean on a comparable scale...
...jets in some pleasant place where the dress code calls for swimsuits instead of straitjackets. For the director has obviously suffered a close encounter with paranoia in the past year or so. First of all, visions of the military-industrial complex seem to have caused a humongous helicopter to hover over his head. Loaded to the rotor blades with heavy artillery and the latest in supersnooping devices, the whirling bird is intended to attack such segments of the U.S. civilian population as happen to get unruly-though in these placid times the film makers are hard-pressed to find...