Word: butter
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Dates: during 1970-1979
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...ECONOMY. "Those whose guns-and-butter economics led us into an inflation that has robbed the purse of every person in the nation continue to call for the kinds of programs and spending that will only refuel that inflation...
...sterling which, as a reserve currency, is subject to the stresses of the sort that have recently beset the dollar. As a result, the French want London to discourage foreign countries from holding sterling balances. The other issue is New Zealand, whose entire economy depends on exports of lamb, butter and other agricultural products to Britain. Last month New Zealand's Premier Sir Keith Holyoake presented his country's case to Pompidou, who acknowledged New Zealand's ties of "emotion, sympathy, culture and blood" to Europe. But Pompidou also told Sir Keith that the New Zealand issue...
Still, Anglo-Saxon palates were hearty rather than decadent. Lots of meat broths and stews were the order of the day. Salt was obligatory in cheese and butter as well as on meat, making home-brewed ale equally obligatory. All lips smacked through the age of Chaucer...
...this trend develops, there will arise the questions that arose within the CIO. Will a national student union be a political body or concern itself with the bread-and-butter issues of the university? My guess is that it would not end in bread-and-butter unionism, but be more like the CIO's Political Action Committee of the later New Deal days...
...London to begin a tour of three capitals, reminding Europe that Britain's joining the EEC without safeguarding the economic interests of the Commonwealth would mean "disaster" for New Zealand. Though France is opposed to Britain's trade preferences for Commonwealth countries, concessions for New Zealand butter and sugar from former Caribbean and Pacific possessions can probably be successfully negotiated...