Word: cheerful
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Dates: during 1970-1979
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PRICES. Inflation will abate, but not soon enough or substantially enough to cheer about. Recessions are usually slow to take the steam out of prices, and a tight money policy requires months to produce results. In fact, high interest rates will continue to add to inflation until they start to curb overall demand, and then prices are expected to taper off. Despite rising unemployment, wages and benefits stand to accelerate. They increased about 8% this year, or much less than the rate of inflation, and workers can make a strong case for more, just to catch...
Tired of driving to work bumper to bumper? Envious of those zigzagging Corvettes, Porsches and Ferraris that smoke past you in the fast lane? Well, cheer up, bunkies. Last week on a dry lake bed at California's Edwards Air Force Base, Hollywood Stunt Man Stan Barrett, 36, drove a car at 739.666 m.p.h. to become the first person ever to break the sound barrier on land. Barrett's car will not be in showrooms quite yet. The three-wheel vehicle was powered by a rocket engine as well as a Sidewinder missile to throw it into supersonic...
Moreover, Christmas revelers are buying slightly less cheer. John Hayes of the Harvard Provision Company said yesterday cordials and cognac are selling especially well this time of year, but most people are buying fifths of alcohol rather than quarts--which cost $1.50 more...
With Bok and the College All in high gear They were scarcely prepared To ooze Christmas cheer...
...NOTEBOOK: Greatest cheer of year heard in the Garden last night: to the Texas bench, "You may be winning, but you still have the Shah...