Word: chicago
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Dates: during 1980-1989
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...worst single-plane accident occurred in 1974, when a Turkish Airlines DC-10 lost an improperly secured cargo door as the plane left Paris. The resulting pressure change buckled the cabin floor and broke the hydraulic tubes passing under it. All 346 occupants died. In a 1979 crash in Chicago, 279 were killed after an improperly installed wing engine on an American Airlines DC-10 tore away on takeoff, - ripping hydraulic lines and causing the pilot to lose control...
...expect from someone who must spend roughly twelve years learning the trade, work impossible hours, be available to patients day and night, keep abreast of changing technology and live a peaceable life while constantly dealing with death. "The patient wants the best of both worlds," charges Lester King, a Chicago physician and medical historian. "He wants the knowledge and precision of the most advanced science, and the care and concern of the old-fashioned practitioner...
...scheduling long-term shutdowns, many workers are being idled for the first time since the last recession. Ford, which has run continuous overtime for the past five years, announced layoffs at Escort plants in Edison, N.J., and Wayne, Mich., and will temporarily close Taurus and Sable assembly plants in Chicago and Atlanta...
Some economists believe the slack period will be short-lived and will be followed by renewed growth, a scenario that has them searching for metaphors. David Hale, chief economist of Chicago's Kemper Financial Services, characterizes the slowdown as an "output pause." Geoffrey Moore, an economics professor at Columbia University, talks of a "stutter step." Economist Lyle Gramley, a former Fed governor, says that by late 1990 the slowdown may be followed by a period of "economic refreshment...
...like the one in 1961 rather than the painful contraction of 1981-82, when the unemployment rate averaged 8.7%. The current slowdown "is not a good thing, but it's the cost of a good thing," says economist George Stigler, a Nobel laureate and professor at the University of Chicago. Americans can only hope that if they pay now, they can fly again later...