Word: either
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Dates: during 1970-1979
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...policy means a dedication to high interest rates, even as the clouds of a recession loom. Said Volcker last week: "I don't think recessions in and of themselves are ever a great thing, but I don't think you just inflate yourself out of a recession either." Twice this spring, at Federal Reserve System policy meetings, Volcker voted in the minority, against Chairman Miller, in favor of raising interest rates. By appointing him, Carter appears to be giving a sign that he will not dilute his anti-inflationary policies in order to stop an election-year recession...
...same time, the general level of critical intelligence and intense watchfulness means that leaders cannot creatively manipulate circumstances as easily, either for good or ill, as they did in the past. A political operator of genius, like Lyndon Johnson, would sink into depressed impotence under such restraints?as at last Johnson...
...theme of "defending the nation and building the economy," was danced by ten-year-olds brandishing wooden rifles, spears, hoes and machetes. At one point half the youngsters set about symbolically killing the other half. Asked what this scene signified, a Tanzanian official explained that the victims were "either the forces of Idi Amin, or racists...
...sure whether either of these theories will eventually replace the cholesterol-heart link. Most doctors still believe a combination of factors brings on heart disease, and will prudently continue to recommend low cholesterol diets, plenty of exercise and no smoking Warns Dr. William Castelli, director of the pioneering Framingham, Mass., heart studies: "If people think they can go out and eat all the hamburgers and hot dogs they want and be safe by taking vitamin B6, they're crazy...
...nonvoting trust. In addition, Pan Am still has several important hurdles to clear. For example, the CAB must still give Pan Am approval after consulting with the Justice Department about whether the merger violates antitrust laws. Finally, the merger decision must go to President Carter, who can either approve or veto...