Word: abruptly
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Dates: during 1970-1979
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...House and Senate must work out the differences in their bills and present a program to the President before the Nov. 15 deadline. But unless the price provisions are drastically altered, the new measure faces almost certain veto by Ford. That would leave the nation again facing abrupt decontrol and zooming prices for oil despite OPEC'S restraint...
...sweeping view of the monuments to Washington, Jefferson and Lincoln. Mrs. Ford had just begun a phone conversation when the call was interrupted: on the line was Richard Keiser, the head of the President's Secret Service detail. Right off, knowing how she would react to his abrupt intrusion, Keiser assured Betty Ford that her husband was all right. Then he told her what had happened. Since moving into the White House, she had accepted almost fatalistically the danger to her husband−the price that goes with a place in history. But this was the first time that...
...Owen's efforts came to an abrupt and traumatic halt in a bitter, five-week, factory-wide strike from which the company has never fully recovered. "It was pure hell," says Owen. "I couldn't live through anything like it again. For 18 months, issues were coming in at the rate of eight and twelve a day, mostly invented." The issue that finally triggered the strike was a management proposal to equalize the piecework pay system. Under the old system, wages for comparable work could vary by as much as 20% from department to department. "What they were...
After Congress in July rejected the White House proposal for phased decontrol the President vowed to veto a congressional bill that provided for a six-month extension of present price controls, due to expire on Aug. 31. That action would have plunged the nation into abrupt decontrol, with definite inflationary dangers. Faced with that prospect, late last week both the Administration and its Democratic opponents abruptly pulled back from the brink...
...last for six to twelve months. The experts' main dispute seems to be over the reasons for that wave. Though all agree that crop failures played a role, Brookings Institution Economist Arthur Okun cites such "self-inflicted wounds" as the Soviet grain sales and the coming abrupt decontrol of oil prices at the end of this month. Monetarists argue that the Federal Reserve's moderately easy money policy earlier this year is partly to blame...