Word: 1970s
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Dates: during 1970-1979
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...course, the political and economic shocks of the 1970s have jarred the confidence of U.S. citizens to a degree that is still unknown. The extent of gold buying in the months ahead could well be a sign-and a measure-of how much Americans still believe in their Government, their institutions and themselves...
...stagflation" of 1974 is rapidly becoming the crisis of the mid-1970s. The official unemployment rate has moved steadily upward from 5.4 per cent in August, to 5.8 per cent in September, to 6.0 per cent in October, to 6.5 per cent in November. The Ford administration claims unemployment will peak at 7 per cent, but that figure could be reached by the end of this month...
...1970s' crisis is beginning to compete with the 1958 recession for the worst economic downturn since the Great Depression. In 1958 the unemployment rate exceeded 7 per cent for seven months, and once hit 7.6 per cent...
...Allen was urging that the planned flyby of Jupiter should be changed into a two-for-one mission that would include Saturn. NASA had just scuttled its even more ambitious "grand tours," which would have taken advantage of the alignment of the outer planets in the late 1970s to send, for example, a single spacecraft past Jupiter, Uranus and Neptune, using the gravity of one planet to fling the ship toward the next. But Van Allen stubbornly refused to give up. At his suggestion, imaginative "back-room" trajectory experts at Pasadena's Jet Propulsion Laboratory showed that a corkscrew...
What would the old Modern pick from the bewildering landscape of a decayed avant-garde in the 1970s? The result, though not wholly predictable, is not very surprising. Most of the eight artists are under 40 and (with the exception of a body-artist and performer named Vito Acconci) work in the area where minimalism makes contact with conceptual art. It is a grayed-out, low-pressure, cool show, and its pleasures are decidedly mixed...