Word: slides
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Dates: during 1970-1979
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...forecasting anything like a recession. Charles Schultze, the President's chief economic adviser, forecasts a steady if unspectacular 5% rate of expansion for the rest of the year, and most other economists agree. A bearish minority, however, fears that the economy could be in for a more substantial slide. Says Tom Dernburg, senior economist of the Congressional Joint Economic Committee: "I'm just not convinced that the economy is going to end up looking as bright as the Administration claims...
Even with a slide in output of goods and services, inflation is not likely to wane. The Administration has reckoned that living costs for the year would rise an average of 6.5%. But last week the Government reported that in June consumer prices continued to rise at the high May annual rate-7.4%. The main factor: higher price tags on processed foods such as dairy items and canned goods. Further dimming prospects for price relief, U.S. Steel, the industry leader, unexpectedly announced last week that it would raise prices on structural shapes and tin mill products...
...Paul Taylor dance may not leave the audience time to blink. Polaris is a bold conceit in which the choreography is repeated but the performers, music and lighting shift. In Cloven Kingdom, a satire on modern manners, the dancers slide between the human and animal kingdoms. The bright costumes of Post Meridian seem to make their own choreography. In Esplanade, one of Taylor's most popular works, there is no traditional dancing at all, but rather a dizzying series of walks and runs set to the music of Bach. At one point Nicholas Gunn, the company's best...
York delays the film's slide into silliness with a surprisingly moving scene in which he clings to his humanity despite Moreau's attempt to use him as an experiment in reverse evolution. But the beast-people are getting restless, and a B-movie Apocalypse is in the wind. Clearly there are some cosmic ironies about God, nature, man and beast lurk ing in all this. But it is probably best to follow the film's example and not think about them...
Powell is a fatalist who knows that hard knocks are never very far away. "To expect the worst is not to be disappointed," he says. Considering himself close to his peak of popularity, he intends to "make the downhill slide as slow as possible." In a speech at the National Press Club last month, he tried to put out some brushfires before they flare up. "What happens at the White House," he said, "is not always as serious as we think it is. We need to relax a little bit, all of us, and get a sense of perspective about...