Word: dropped
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Dates: during 1970-1979
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...will henceforth-at least on an experimental basis in some states-be known as the National Statesmen Party. Whether the name change will hoist the party out of the category of political oddity is doubtful, but at least it may attract a few of the folks who take a drop now and then...
Currently, the threat of low-priced foreign competition also worries businessmen-and with good reason. The U.S. trade deficit is ballooning toward a horrendous $30 billion this year, almost five times the 1976 figure. The present drop in the value of the dollar-6% against the Swiss franc, for example, in the past eight weeks -hardly inspires confidence either. Unease about many of these matters predates Carter's Inauguration, but there is no question that doubts about the President's economic policy have increased the reluctance to invest. Says Willard Butcher, president of Chase Manhattan Bank: "Frankly, many...
...Administration officials, such as Charles Schultze, chairman of the Council of Economic Advisers, fear the growth rate might drop to around 3% in the second half of next year-a pace too slow to prevent another rise in unemployment. Consumers, they think, cannot spend much more on cars, houses and other goods than they are now doing; if a slowdown is to be avoided, business spending must rise more than...
...blips up and down, the rate of price increases has been pretty much stuck at around 6% annually since the spring of 1975, and most economists predict that it will continue at about that pace through next year; some recent easing has been illusory because it has reflected a drop in food prices that will not last. Businessmen complain that Carter seems to have no idea how to bring the rate down; the "anti-inflation" policy he announced last April turned out to be largely a list of regulatory and review measures...
...Maybe this will do it.) What can be done to break writer's block? There are many traditional answers: change of scenery, change of work habits, drop everything and see a James Bond movie. Durrell recommends insulting oneself while shaving and concentrating on unpaid bills. T.S. Eliot broke his block by writing poems in French. (Dabbling in lesser languages removes pressure to perform in mother tongue.) Tom Wolfe, to tally blocked on his first famous article, a story about customized cars for Esquire, wrote a really socko memorandum to his editor on the subject. The editor ran the memo...