Word: expectation
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Dates: during 1970-1979
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Even if the landlord abides by the law, 55° or 68° is not exactly the smothering warmth Americans, unlike Europeans, have come to expect. In apartment buildings with fireplaces, urbanites are joining the national craze for wood power. When Chicago's park district had some trees chopped down in Lincoln Park last month, the loggers outran the joggers to haul away the wood before the city could remove...
Compounding the sense of drift, Energy Secretary Charles Duncan made public a confusing state-by-state conservation plan that calls for holding 1980 gasoline consumption to about 7 million bbl. per day, just about where economists expect it to be anyway. In an embarrassingly typical DOE bungle, the targets set for New York, New Jersey and Connecticut during the first three months of next year would allow drivers in those states to increase their auto usage...
...result of OPEC's policies, worldwide inflation has been sent soaring to ever increasing heights. Meanwhile, global economic growth has stalled and the international financial system itself has been thrown into turmoil. In 1980, oil-importing nations expect to hit what economic jargoneers have labeled a "synchronized recession." Now no one can be sure how high the cartel will push oil prices beyond their present official maximum of $23.50 per bbl., but demand for petroleum makes a substantial increase certain. Single shipments of crude are being sold on the spot market for as much...
...Fewer and fewer people are related to jobs that they can identify with," says he. "They see no connection between what they do on the job and what comes out at the end." They spend their lives isolated behind typewriters and computer consoles. Gyllenhammar worries that company chiefs expect the industrial Indians to be machinelike. "If they die little by little every year, nobody cares very much." But millions of workers are becoming fed up, he believes, and the frustrations are rising equally in Europe, Japan and North America...
...infrequent appearance of an unimpressive publicity man for the Shah. Anchormen and their producers are generally scrupulous about presenting "the other side" of any story, but they do not consider it their business to generate one. That, to them, would be news manipulation. On any lively issue they expect counterarguments to surface normally in the news, and just this has been missing in the news programs from which most Americans get their information, under the brownout of self-restraint...