Word: dropped
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Dates: during 1970-1979
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Anderson further has the luck to take over at a time when the always cyclical civilian aircraft industry seems to be starting on an upswing. Although McDonnell Douglas' deliveries of DC-9s and DC-10s will drop from 65 in 1976 to 37 this year, the company has already booked orders for 54 planes to be finished in 1978. Executives and industry analysts expect the upturn to continue. Some airlines have more money to buy planes because traffic is rising and earnings are improving (even Pan Am may report a profit for the first time in nine years...
...every dollar up to $8,400, when they will be eliminated altogether. If a wage earner cannot find a job after eight weeks of search, his family will receive the standard welfare payment of $4,200 a year. When he lands a job, the family benefits drop back to $2,300. Above all, this phase of the program keeps the family intact. The father is not tempted to leave home so that his family can collect welfare...
...King.' It was King Hussein-Jimmy had taken him to see Amy in her room. She was propped up in bed reading a book." But one White House visitor, former Israeli Premier Yitzhak Rabin, when asked by the President whether he would like to drop in on Amy, displayed foolhardy courage. "No thanks," he said, thereby not improving the atmosphere of an already chilly meeting...
Blumenthal has added to the case of nerves in the currency markets by letting it be known that the Treasury would not be disturbed if the dollar dropped even further. Last week the dollar hit record lows of 2.2463 West German marks and 264.475 Japanese yen. The effect has been to run up the value of these currencies, thus making imports cheaper hi West Germany and Japan-which has been Blumenthal's goal all along. Says a Treasury spqkes-man: "Let's just say that while we haven't been pushing the dollar down, its drop...
Dollar's Drop. Along with its critics, Treasury also has supporters. Richard Cooper, the former Yale economist who is now Under Secretary of State for Economic Affairs, believes that the major central banks can easily smooth out the money market movements caused by the dollar's drop. Adds Brookings Institution Economist Robert Solomon, noting the big trade surpluses enjoyed by the Japanese and the West Germans: "To any reasonable person, the appreciation of the yen and the mark is desirable." Moreover, Solomon contends, the shift in rates is not that great. For example, though the dollar has slipped...