Word: effect
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Dates: during 1970-1979
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...record, it barely exceeded the 1976 volume. To a great degree, this lackluster trend has resulted from trade restrictions imposed by Washington. A 1974 statute sponsored by Senator Henry Jackson linked trade policy to the Kremlin's record on allowing its citizens, particularly Jews, to emigrate. The law in effect told the Soviets that if they would behave leniently then they would be eligible for generous credits to pay for American goods, and that their exports to the U.S. would benefit from the relatively lower tariffs imposed on most favored nations. Although their emigration policies have been relaxed somewhat...
...been done that estimates of the economic and social consequences were only horseback guesses. The move alarmed businessmen, who feared that retaining aging workers would clog the channels of promotion and reduce the hiring of young people, especially women and blacks. But when the law finally went into effect on New Year's Day, the worries had substantially diminished. Many employers now think the law will have little effect at all, beyond raising the spirits and incomes of those work-ethic veteran employees who decide to hang around...
...question all along has been: How many employees turning 65 would choose to keep working? It will not be fully answered until the law has been in effect a year or two, but the experience of companies that changed their policies earl-or never did force retirement at 65-indicates that the numbers will be small. As companies have made retirement benefits more generous, the trend for decades has been toward earlier, not later retirement. For example, at Republic Steel Corp., which has never had mandatory retirement, less than 1% of the 40,000 workers stay on past...
...were invented before the wheel. Today, entrails are about the only thing not widely sifted for inklings of things to be. The soothsaying fraternity conjures all year long to supply the public addiction. The orgiastic bumper crop comes as a sort of special start-of-the-year fix. One effect of the overdose is that it makes everyone momentarily forget that public dependence on prognosticating is not just seasonal but chronic...
Khomeini said he would not have any position in the future government but that he would supervise others. Asked if he would be, in effect, the strongman of Iran, he replied, "You may assume...