Word: bitefuls
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Further Drain. What Ford had done was to bite the bullet as he had been urged, though people had differing views of the bullet he should bite. He signed a proclamation that raises the tariff on imported crude oil by $1 per bbl. starting Feb. 1 and moving up to a maximum $3 per bbl. on April 1. The tariff hike is only part of his total program, which calls for a dramatic increase in the price of oil to reduce consumption, along with a $16 billion tax cut to reimburse consumers. By launching the first part of his energy...
...became President. But willing to listen and anxious to build a consensus behind any policy, he turned to others for advice. In retrospect, his celebrated summit conferences probably inspired more fear among consumers than new policies among experts. Though some economists warned that the recession was going to bite harder than Ford thought, none of them predicted the precipitous decline the economy would take before the year was out. In the fall, the President was tilting too far in his fight against inflation, but there was scant solid guidance to set him straight...
...article "The Great American Animal Farm" states: "In every city in America, abandoned dogs rampage in wild packs through vacant lots and nocturnal streets. In New York City alone, 38,000 people annually require medical attention for dog bites." In fact, around the country, better than 85% of all bites are inflicted by owned dogs, usually between 2 and 7 p.m. (not nocturnal), and less than 1% of all bites involve more than one animal (not packs). A dog bite costs the victim an average of $50, and better than 60% of the victimized population are children; better than...
...report lays much of the blame for the U.S.'s difficulties on American reluctance to steer economic policy toward more stimulus. The OECD economists worry that the "weak picture" they see in the U.S. could spread to other parts of the world. If the U.S. downturn begins to bite deeply into imports, some other countries could be pulled farther down...
...their requested budget, and the liberals regularly grumble that the military goes on buying weapons as rapidly as it had planned anyway. This year, however, the Defense Department has run up against a far more merciless budget slicer that is really forcing cutbacks in weapons procurement: the savage bite of inflation...