Word: upwards
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...brisk upward march of the economy from the nation's worst postwar recession, the relatively free-spending consumer has so far led the way. In marked contrast, spending by businessmen for new plant and equipment, which is critical to sustaining the business upturn, has been notably laggard. True, corporate capital spending is at last increasing, and most experts believe that it will reach satisfactory levels late this year. But others are worried that the outlays are coming too late, and that as the economy speeds up, industrial capacity will run into production bottlenecks and shortages that will kick...
...pick-up chugged along, with the cab humping upward every third beat somewhat like a caterpillar crawl. It was the single dirtiest vehicle I had ever ridden in--when I retrieved my bright-red backpack out of the back at the end of my ride, it had turned brown, brown with black racing stripes. Come to find out the driver carried his organic fertilizer around back there, mostly cow manure, that is, with pig and chicken droppings thrown in as a kicker. But you couldn't ask for a more pleasant ride--Mt. Pisgah National Forest, hills and dales, glinting...
...business revival has just celebrated its first birthday. It was in May 1975, after more than a year of falling production and rising joblessness-accompanied for much of the time by double-digit inflation-that the economy turned upward. In the year since then, the economy has come a long way back, but in some important respects it is still below its pre-recession peaks. Industrial production, for example, is about 12% above its recession low of April 1975, but 3.4% below the high of November 1973. The number of people who have jobs actually reached a record...
...last three decades since the institutionalization of Gen Ed have also seen a progressive disillusionment throughout American society that has affected Harvard. As Francis M. Pipkin, associate dean of the Faculty for the Colleges, says, "As opposed to 1945, this is a more pessimistic time, less expansive, lacking the 'upward and onward' mentality. When Gen Ed began, we had just won the World War and things looked rosy. Now it seems like there are problems everywhere, and who feels qualified to decide what an education should be about...
CUNY occupies a special place in the city's heart and history. It has been an upward mobility machine for millions. Alumni include George Goethals, Bernard Baruch, Felix Frankfurter, Sylvia Porter and Abe Beame. The decision to charge for tuition at roughly the same rate as the state university will still allow many children of poor families to attend because aid for the needy is available. But admission will no longer be automatic, even for bright students...