Word: robustness
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Dates: during 1970-1979
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...place where a benign and popular government reigns over a modest society that is notably free of corruption, has never fought a war with its neighbors, never held a political prisoner, and does not bother to arm its police. Its currency is stable and its economy remarkably robust. It has a multiparty parliamentary system and is preparing to hold its fourth general election since it attained independence from Britain in 1966. The country is Botswana, and its state of health is all the more remarkable for the fact that it is encircled by the major states of conflict...
...robust Midwesterner of sturdy Nordic stock, the tall, silver-haired Carlson, 64, keeps both his personal life and his business private, and he is barely known outside his native Minnesota. He has collected a string of 101 companies in ten groups without ever having sold a share of stock to the public, along the way amassing a fortune estimated at $100 million. Because his companies are private, they are not required to report sales or profits figures. But he has allowed TIME Correspondent Patricia Delaney a closer look at the far-flung activities of the Carlson Companies...
...curio shoppes, but magnificently upheld by the Royal Shakespeare Company. The Stratford Hilton (yes, Ophelia, there is a Stratford Hilton) and the Shakespeare charge about $65 a night for two. However, a room costs an unbelievable $12 at the Strathedon, and $15 at the Falstaff, noted for its robust meals...
...speeding up or slowing down. Largely because inflation-pinched consumers are reducing some spending, the output of goods and services grew at a paltry 0.7% annual rate in this year's first quarter, way down from almost 7% in last year's final quarter. Yet a batch of fairly robust statistics indicates that there was a rebound in March, and that is causing a significant split in the Carter Administration over what policy to pursue...
...confessed to the Congressmen that he was not very hopeful about slowing inflation. The reason: the U.S. economy is showing such unexpected strength that the recession predicted for this year by many economists may not occur until later. Presidential aides cited figures indicating that the economy grew at a robust annual rate of 6.9% in the final quarter of last year, pretax corporate earnings soared at an annual rate of 26.4% over the year before, and unemployment dropped to 5.7%, its lowest level in 4½ years. All that normally good news suggested an economy growing too fast to thwart...