Word: bettering
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Dates: during 1960-1969
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...Washington's most difficult economic task ahead. Some consumers and businessmen continue to pay sky-high prices for goods in the self-fulfilling expectation that prices are destined to rise higher still. Investors switch their money out of fixed-yield bonds and into stocks, which are a better hedge against inflation partly because buyers think that they are. Inflation has contributed to both the stock market overspeculation and Wall Street's glut of back-office paperwork. * Because of rampant inflation, unions increasingly demand unlimited cost-of-living wage increases instead of limited boosts. Complains Paul Carmichael, a Pittsburgh...
...theory that low-wage jobs are better than none at all, Neil Jacoby, a U.C.L.A. economist and former Eisenhower adviser, urges an easing of minimum wage laws to encourage employment of marginal workers. Ultimately, the best way of reconciling price stability with high employment is to increase labor productivity by means of expanded job training among the semiskilled and the unskilled. Thus Nixon's proposal for giving private enterprise tax incentives for ghetto job training could combat inflation at the same time that it helps serve other social needs...
Raising the Roof. Damning the situation as "unfair and in many cases outrageous," Mayor John Lindsay has demanded a rollback of the "exorbitant" rent increases and a freeze on further boosts until March 1. By then, he warns, the city's landlords had better produce a formula for self-regulation against gouging or they will face legislated controls. The owners are expected to come through with some sort of plan-and for good reason. With an election due in the autumn, Democrats on the city council are threatening the landlords with a number of politically popular bills, including...
...movie has no body, it had better have plenty of soul. Hell in the Pacific is as immaterial as a fog, but it offers two soulful professionals: Lee Marvin and Toshiro Mifune...
...reassuring to know that there's still an actor left who will play a leathery oil-well firefighter with the unlikely name of Chance Buckman. That's John Wayne. The Duke may not be too good at rendering Brechtian anguish, but no one else can play a better John Wayne...