Word: anties
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Dates: during 1970-1979
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...interviews deciding who qualifies under this dubious rubric. The men who run large newspaper chains tend to share the corporate mentality that one develops when one is wealthy, powerful and free from the restraints of the government to make as much money as one can. They are typically profoundly anti-government and anti-socialist. And they have no penchant for hiring editors who have strongly divergent views to offer the millions of Americans who turn to newspapers for political guidance...
Just this month, for instance, New York began to apply its new "anti-john" law, imposing stiffer penalties for prostitutes' clients (johns) who in the past usually got off with the equivalent of a traffic ticket. Early hauls have included a 69-year-old man from New Jersey, let off in deference to his age. Other offenders will not get off so lightly. For patronizing a prostitute under age 11, the term can run as high as seven years...
...anti-john law is only the latest effort by New York to cut off the most baneful aspect of the trade?traffic in minors ?and to get prostitutes off the street. The city is still trying to enforce, with some success, the stiff, two-year-old antiloitering law (not coincidentally passed on the eve of the 1976 Democratic National Convention in New York City). Prostitution is somewhat less visible now. But the wording of the antiloitering law, which allows arrests for "repeated beckoning," is claimed to be unconstitutional. Once upheld by the New York State Court of Appeals...
...context of recent grim economic tidings, it is rather reassuring. Last week, for example, the Commerce Department reported that the annual rate of inflation in the second quarter was 11%, even worse than first estimated. President Carter huddled with his economic advisers to plan a Stage Two anti-inflation program and warned in a speech to the steelworkers that it will be "tough" and require "some sacrifice from all." The Federal Reserve made some additional moves to tighten credit, the dollar sank to a new low against the Swiss franc, and prices worried down again on the stock exchanges...
...error. Democrat Arthur Okun, who was chairman of the Council of Economic Advisers under Lyndon Johnson, is concerned that the Federal Reserve may yet push interest rates high enough and squeeze hard enough on the U.S. money supply to bring about a recession. In the absence of any effective anti-inflation program from the Carter Administration, says Okun, "the Fed really has only two buttons in front of it. One says, 'Validate 7½% inflation' [by pouring out enough money to permit prices to go on rising at that rate]. The other says, 'Cause a recession.' And there are people...