Word: driftings
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Dates: during 1970-1979
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...more than Nixon too. It's the drift over the years to an all-powerful presidency. The tremendous power that has been marshaled in the White House pervades all who work there, resulting in an inability to put things in perspective. I think one of Haldeman's lines on the tape explains it better than anything. He was talking with Nixon when things were coming apart, and he said: "It was done for a higher good...
After too long a period of drift and indecision, there are signs that the Ford Administration is beginning to move on with more authority. Last week the Administration was scouting new strategies in several interrelated areas: international oil diplomacy, domestic energy policy and a new-or at least revised -strategy for fighting stagflation...
Since the explosion in oil prices and the beginning of the downward drift of the industrial economies a year ago, there has been a proliferation of plans aimed at coming to grips with the energy crisis and the massive shift of wealth to the OPEC (Organization of the Petroleum Exporting Countries) nations' treasuries. Herewith a thumbnail guide by category to some of the major positions and proposals...
...Michael Evans, president of Chase Econometrics Associates, a Manhattan forecasting firm: "All the water got squeezed out of the order numbers. Then everyone panicked and cut some more." Prospects for the year ahead are for more cutting. Depending on which forecast is used, real business spending is expected to drift down...
...Israelis are also apprehensive about the apparent drift toward war, though they still seem unprepared to make any concessions that might lead to meaningful negotiations. Foreign Minister Yigal Allon left the impression in a recent trip to Washington that on the eve of the Sadat-Brezhnev meeting in Cairo, the Israelis see little point in making a firm commitment for a further withdrawal either in Sinai or on the Golan...