Word: dropping
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Dates: during 1970-1979
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Jerry Brown's political stock continues to drop toward the point where he may no longer be a viable candidate. Paired against Carter for the Democratic nomination, the California Governor loses badly, 63% to 24%, much worse than his 47%-to-31% standing in August. Only 34% say he would be acceptable as the next President; 46% find him unacceptable...
...White House hints that it may be preparing to drop the guide out of the guidelines. In the course of courting labor's support in the 1980 election, the Administration has drifted toward accepting the union position that the pay ceilings need more "flexibility." Says Labor Secretary Ray Marshall: "With inflation barreling along at its current rate, the old guidelines are clearly untenable." A top Administration aide confided last week: "It would be unreal to expect labor to accept continuation of a program that was successful in holding down wages but a disaster in holding down prices...
...past twelve months his real income, in non-inflated dollars, has steadily declined. Just since spring, inflation has eroded the total compensation of a person earning $20,000 a year by about $1,210. Even 10% pay increases at a time of 13% inflation results in a 3% drop in living standards...
...passenger marketing at United: "If we did not have deregulation we would have been hurt worse. We have problems catching costs but we are now more flexible and can better respond to the market." The real test of that will come next year, when air travel is expected to drop as the recession begins to bite deeper. "The jury is still out," says Edwin Colodny, chairman of USAir (formerly Allegheny). "There will be no full answer on deregulation until the industry has gone through a full economic cycle, up and down...
COLUMBIA at CORNELL--Perhaps the Lions should drop their football program immediately: Cornell 44, Columbia...