Word: comes
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Dates: during 1970-1979
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...comes stealing up on us first in the wide eyes of very young children, who see Christmas shining a long way off. Older brothers and sisters are more nonchalant; they can be downright businesslike about it. A camera would be O.K., but how about a snowmobile? As the day approaches, the spirit settles over them, too, like fresh snow on a busy town. Parents come round last, rushing from toy stores to cocktail parties, muttering about the cost of evergreen trees, chilled by the cold glare of Christmas bills to come. By Christmas Eve, though, everybody is a willing conspirator...
...Washington, the Carter Administration seemed to despair of reconciling the conflicting messages from Tehran about the hostages. Said State Department Spokesman Hodding Carter III: "There are signs that come and signs that go. Interpretation of them is subject to change almost on an hourly basis...
...coal and the production of syntheic fuels, including shale oil. The U.S. could be producing as much as 6 million bbl. of "synfuels" a day by 1990, equal to about 75% of all current imports. Jimmy Carter wants the financing for his own more modest synfuels program to come from his proposed windfall profits tax; it would be levied on the increased revenues that U.S. oil companies have been earning since price controls on oil began to be phased out last June. But Congress must now wrestle with a Senate bill passed last week that would yield $178 billion...
...around Election Day in November, which will hurt Jimmy Carter, and that the jobless rate again will start declining as the economy picks up at year's end. However, one member, Consultant David Grove, who has long been pessimistic about the job situation, predicts that the worst will come in the second half of 1981, when he sees unemployment...
...most discouraging aspect of rising oil prices, said Okun, is that the recession will only temporarily and modestly constrain inflation. At very best, the rate of price increases will come down to 8%. After the 1974-75 recession, inflation was 5%, which at that time was considered "intolerable, horrible and unacceptable." Indexing, which automatically raises wages and pensions along with the price index, is not a cure but a disease that institutionalizes inflation, added Okun. He estimates that "if all payrolls were indexed instead of the roughly 15% that are now, the consumer price index would have risen more than...