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Haskell's contest with Armstrong was along clear-cut liberal-conservative lines. Haskell never found a way to overcome charges that he favored Big Government and opposed tax cuts and key defense measures. During one debate, Armstrong pointed a finger at his opponent and declared: "Inflation is double digit again and it is caused by Senator Haskell...
...inevitable result was the summer of double-digit dis content, followed by Stage II. Announcing it, Carter conceded that the tom-toms reverberating from the Oval Office in the past had signaled anything but a determined anti-inflationary policy. The regulators who he now suggests are out of control are Carter appointees. The budget that he says is too big is a Carter budget. But the good news is that the President pro fesses at last to recognize the problems and to have learned from past misjudgments...
...Soviet grain purchase of 1972 and other heavy export demand kicked off a few years of unprecedented farm prosperity. Net farm income more than doubled in three years to an unparalleled $33 billion in 1973, and soaring retail food prices combined with OPEC's oil gouging to produce double-digit inflation. In 1976 and 1977, farm prices broke; farm income shriveled to $20.5 billion in 1977, and a noisy American Agriculture Movement sprang up overnight to send farmers rumbling into Washington and state capitals aboard their tractors (some cost $30,000, and a few came with air-conditioned cabs...
...Economics 2220, "Econometric Models," has two professors for three students. Economics 2420, "Seminar: Monetary and Fiscal Policy," has more than three professors for three students. Economics 2480, "Research Seminar in Public Finance," has three professors for one student. Of the 39 graduate courses offered this semester, 21 have single digit enrollments. Perkins qualified these figures by saying there are many students who audit these courses, but never formally enroll...
...workman, avoided the winter snows by travelling to classes through the tunnels. During the 1969 occupation of University Hall, another rumor has it, Harvard administrators escaped invading protesters by fleeing through the underground passages. Once upon a time, the wrestling team jogged through the tunnels, sweating from the triple-digit temperatures, to lose weight before matches. And the stories live...