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Archive for December 1990

Defense issues at critical stage

Defense spending and, more important, the U.S. role in world affairs will be a big item on the agenda of the 102nd Congress, which convenes in January. The outcome is sure to have an important effect on business. Attention to defense spending is driven by two competing forces. On one side is a growing budget…

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Tide of the 90s: growth, expansion

December. It’s the month when all the forecasters come forth to issue pronouncements for next year’s interest rates, rates of inflation and growth in gross national product. But with so many wild cards in the deck, will these forecasts make much sense? I don’t think so. The accuracy of today’s forecasts depend primarily on events…

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