Word: dollar
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Dates: during 1970-1979
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...this makes a mockery of Carter's vow to discipline the budget process by requiring each department to justify every dollar in its annual spending request. That approach, known as "zero-based budgeting," is saving little or no money and is simply creating a lot more paper work...
When the sharp decline of the dollar began eight months ago, most Americans figured that the only major victims would be tourists: they would need more dollars to buy foreign trinkets. Now the greenback's sickness is infecting all Americans. Foreign sellers are increasing their prices to Compensate for the dollar's fall, and some U.S. manufacturers of competitive products have felt freer to follow through with price rises of their...
Rises on other imports are adding to the pressure: a Pentax camera that cost $285 late last year will soon be up to $330; in two months a Swiss Omega watch has jumped $100, to $495. Wholesale jewelry prices, pushed up by rising gold prices as the dollar has waned, were up 30% last month. In the Washington, D.C., area, half a gallon of Johnnie Walker Red Label Scotch is up $1, as is a fifth of Courvoisier cognac; wine importers have said that price increases are coming...
...Sympathetic" price rises by U.S. makers of similar products are likely to follow, digging deeper still into the pocket of the U.S. consumer. The Treasury estimates that the decline in the dollar will increase the inflation rate by one-half point this year-and that adds up to billions in added costs for cars, cameras, cheese and other imports...
...which Silverman helped push to the top, will still bear his stamp. Only three of its shows are being canceled -Fish, Baretta and The Six Million Dollar Man-and all but one of its five new series were well under way before Freddie jumped ship for NBC. For science-fiction fans there will be an hour-long show called Battle Star: Galactica, with John Dykstra, who won an Academy Award for the special effects of Star Wars, working the same magic every Sunday at 8 p.m. Vega$ will follow the adventures of a handsome young private eye "in that sizzling...