Word: demanding
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Dates: during 1950-1959
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...prospect for a solution under de Gaulle to these two pressing French dilemmas is partially offset in many minds by apprehension as to the future of French democracy under the Cross of Lorraine. De Gaulle's demand for six months of decree powers, some claim, is only a foretaste of a stern dictatorship backed up by the brute force of the military. The general's past political record, however, has been one of strict adherence to constitutional forms, even in the face of bitter frustration. In 1946, when it became clear that the Constitution would make the Presidency meaningless...
Drastic though the demand for decree powers may be, the record of past years has shown that it is practically inconceivable that the Assembly, as now constituted, would be able to pass any strong constitutional reform or legislate some form of independence for Algeria. Working through the Cabinet, with only watchdog legislative committees in session, there is a chance that de Gaulle may be able to make these vital changes. President Coty and the French Assembly have taken a calculated risk that de Gaulle will be a deliverer rather than a dictator. They have much to gain...
...that a level of "reasonably full employment" could be achieved along with stable prices, generally agreed that it would average out at 96% employment, or 4% unemployment. If unemployment rose above 4%, they felt that lowered purchasing power would cause prices to fall; if unemployment dropped below 4%, increasing demand would push prices higher. Now they know that this level no longer applies. The level of unemployment is getting progressively higher simply because the mere availability of labor or products has less and less effect...
...Demand no longer sets the price of goods and services because, as Indiana University Economist Robert C. Turner points out, "prices are not related significantly to demand, but to costs. The price setting process has been shifted from the competitive marketplace to the conference table...
...jetmaker is happy about getting into the secondhand plane business, because that market is already poor. As recently as 18 months ago, demand was so strong that fully depreciated planes could often be sold for more than they cost; ancient DC-3s were bringing $140,000 v. an original cost of $85,000. But with turboprops and jets on the way, airlines lost interest in slower aircraft, and prices tumbled 40% to 60%. American Airlines, which has four DC-7s currently for sale and may have up to 25 more by July 1959, is asking...