Word: beefing
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Dates: during 1970-1979
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First the price for fixing up San Clemente was announced as $39,525. Then, as with some giant roast beef, the figure kept rising. By June, the Administration said that $703,367 in public funds had been spent to equip the Western White House-plus another $1,180,522 for the President's home in Key Biscayne, Fla. Last week it made a new public accounting and set the total at nearly $10 million...
...challenges of scarcity and rocketing prices are bringing out old-fashioned ingenuity along with the complaints, evoking a pioneer atmosphere in which acquiring victuals is once again an important matter even for the affluent. Kirsten Lumpkin, the wife of a Seattle construction man, bought a side of beef in company with some neighbors and has been canning her own fruit. "It's unsettling," she said last week while preparing to make sauerkraut for the first time in her life. "All of a sudden, eating has become sort of a focal point, and I think that...
...Hacketts are among the thousands of Americans who have recently bought a home freezer (theirs has a capacity of 1,700 Ibs.). That run on freezers has made them as hard to get as the beef they are intended to hold; some appliance stores are sold out completely, and others report sales increases of between 50% and 200% over last year...
Burned Sellers? Confronted by the politically potent cattlemen-and by the cries of beef-hungry consumers-the Administration may yet be forced to cave in and call off the freeze prematurely. The pressures on the White House will grow because the shortage is likely to become much worse in the next two weeks. The nation's price controllers doubtless made a bad mistake last month in continuing the beef freeze and simultaneously announcing the date on which it would end, thus tempting cattlemen to hold their animals off the market until then. But lifting the ceiling before Sept...
...spread out price increases. Economically, that would ease the pain for the consumer; politically, that would soften the blow to President Nixon. During the rest of this year, food prices are likely to rise 3% or 4%-an annual rate of 6% or 8%. In fact, so much beef is being held back now that the cattlemen may get burned. If the Administration hangs tough and the sellers' strike continues, great herds of cattle will hit the markets after Sept. 12-and beef prices could go down...