Word: outputted
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...tradition of unstable behavior by the Ithaca masses. This year's festivities were no different from any other--the live chicken tied to the goalpost between periods, the effigies, the chants, the sieves, and finally, as the Crimson took the ice to begin the final period, the combined output of Lake Cayuga and ponds beyond flying out of the stands, aimed at the hated Crimson jerseys. Pretty funny...
...short-term outlook for the U.S. economy is somber. TIME'S board foresees another year of stagnant production and rising prices in 1981. Interest rates, which rose to more than 20% last December, continue to hurt seriously the all-important housing and automobile industries. The result: the output of goods and services is expected to drop by about .5% in the first half of this year. Concluded Greenspan: "The economy remains weak, and the numbers will confirm this by early spring...
What of the future? Goodman does not indulge in hollow optimism or shrill pessimism. He is worried. If Saudi Arabia, which accounts for nearly one-third of OPEC's output, drastically cuts the flow, there will be economic depression in the West. On the brighter side: Saudi Arabian moderation may prevail in the Middle East; conservation and higher production in the West may curb the growth of petrodollars, increase confidence in currency and spur a greater sense of community. The bottom line of Paper Money is that, depending on those pesky exogenous variables, things could go either...
...Albany, N.Y., Gilder has produced a 306-page ode to the economic and moral benefits of unfettered capitalism. Some Reaganauts expect Wealth and Poverty to become a classic of supply-side economics, the school of thought that believes Government policy should focus more on helping private enterprise boost the output of goods and services...
Olson now has a team-leading 11 goals and 23 points, while Falcone's bonanza doubles his season goal output. The win places Harvard's ECAC record at 5-9 (7-11 overall); St. Lawrence drops to 5-7-1 ECAC (11-11-2 overall...