Word: digit
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Dates: during 1970-1979
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...only if dialed with care. In Connecticut's area code 203, one digit away from Washington's 202 area code, Roland Booker, a cement finisher, and his wife Mona have the same phone number as the White House. Misdirected calls meant for Richard Nixon have be come part of their lives (three months ago an ambassador rang inquiring what time he should show up for dinner). During resignation week, they received an avalanche of calls urging Nixon to remain in office. But the Bookers have no plans to change their number and frankly enjoy having an accidental...
...building supplies, predicts that Congress will not long remain pliant if Ford starts whacking away at the budget in earnest: "He will discover that once he starts tampering with everyone's favorite pork barrel, you can lose some friends fast." Milwaukee Banker Neil Johnston predicts that double-digit inflation will continue for some years, no matter who is President. But Ford has at least a chance to make a fresh start, and will benefit for a while from business and congressional eagerness to forgive any economic mistakes. In economics as well as in politics, the nation needs a spirit...
...news was not confined to the farm. Wholesale prices of industrial commodities rose 2.7% last month, the ninth straight month in which they have increased at a double-digit pace. The index for fuels climbed 5.3% in July alone. Almost all types of machinery became more expensive. Factory prices of automobiles went up 2%-and are continuing to climb: one day after the index was released, General Motors raised the factory prices of 1975 model cars and trucks by an average of $480 or 9.5%, nearly duplicating in a single stroke the $500 in price hikes that automakers posted...
Tilford Gaines, chief economist of Manhattan's Manufacturers Hanover Trust Co., predicts that rising food prices will keep living costs rising at a double-digit rate for the rest of the year, though he sees the pace slackening from close to 13% currently to about 10% by December. Says Gaines: "Except for 1946 and 1920, 1974 will probably prove to be the worst year in our history for consumer inflation...
...controlled press of the Soviet Union and other Communist countries has recently found fresh and juicy evidence of capitalist decline: the double-digit inflation now ravaging Western nations. By contrast, Red journalists crow, living standards in the socialist bloc have markedly improved in the past decade or so, while price rises have been virtually nil. There is some truth to that claim, but like vodka, it has to be taken cautiously in order to avoid losing touch with reality...