Word: sharper
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Dates: during 1970-1979
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There are many safeguards against a sharper recession. Generous unemployment benefits and the rise of two-income families will keep personal income and spending high even when layoffs hit. The Government has set up many federal mortgage lending institutions that will keep housing from falling through the floor. Besides, businessmen have cautiously avoided the excesses that in the past have led to precipitate tumbles. Inventories in warehouses and on store shelves are lean, although Otto Eckstein, head of Data Resources Inc., notes that the Iranian crisis and fear of an oil crunch have lately moved some businessmen to stock...
...hasn't changed all that much. He's older, wiser, sharper in front of a crowd. But he still follows the Crimson diligently--he ribbed senior guard Mac DeCamp last night about several bets he'd lost this year to teammates like Yale's Gary Fencik. And he's still involved in athletics at Harvard, attending a Visiting Committee meeting yesterday and complaining about the continuing lack of blacks in the program. Most of all, he's still the same smiling, gentlemanly, classy...
...instrument on board the cylindrical observatory is a 1,440-kg (3,200-Ib.) X-ray telescope, which is larger and has higher resolving power than any other ever built. From its perch high above the earth's obscuring blanket of air, it will provide new and sharper images of the myriad and puzzling sources of X rays found across the skies-and new insights into such bizarre phenomena as quasars, pulsars and black holes. As Harvard Astrophysicist Jonathan Grindlay put it: "We are at the dawn of a new era in our understanding of the universe." In honor...
...increase 12% to accommodate both. If it grows more slowly, then either production or inflation?or both?must slow down. A few economists fear that the bite will come out of production, and they oppose anything but a very gradual slowdown in money growth. "Anyone who calls for a sharper cut," says Arthur Okun, "is advocating recession, and he should come...
Times Co. executives may find their Ochs gored by some of the issue's sharper satire, notably a heavyhanded mock ad from union-battling J.S. Stevens Co. about why organized labor is bad for business, and a "Man in the News" profile of an impossibly affluent pressman. But for the satirists it was mostly a labor of love. As Rusty Unger denied saying, "We all missed the Times so much that we had to make...