Word: factly
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Israel leaked the fact that Young and Terzi had met to Newsweek magazine. That prompted a query to the State Department. This was the first that Foggy Bottom had heard of the matter and Young was asked for an explanation. His story: he had been out strolling with his son, decided to stop in to see Bishara, and there accidentally found Terzi, with whom he engaged in nothing more than "15 or 20 minutes of social amenities." Later, when this account was branded a lie, Young did some semantic acrobatics. "I did not lie, I didn't tell...
...Democratic Senator Paul Tsongas of Massachusetts was pleasantly surprised by the turnout of some 250 people in a hot, stuffy school auditorium in Harwich, on Cape Cod. He caught not a single question about foreign affairs or even about next year's presidential election-despite the fact that Ted Kennedy's Hyannis Port home is only twelve miles away and Tsongas has said that he might run as a stand-in for Kennedy in the Massachusetts Democratic primary. The dominant topics, instead, were inflation and energy. "What specific steps do the President and Congress plan to take about...
There were shortcomings and pitfalls, little recognized when Keynesianism was flourishing a decade and more ago. One shortcoming was the Keynesian assumption that supply would simply take care of itself once demand was stimulated. So long as inflation stayed low, that is in fact what happened. Even modest increases in consumer demand would bring quick jumps in output. So productive were U .S. plants and factories that they not only filled the needs of the nation's domestic market but also deluged the world with material abundance...
...reaches its real market value. Dornbusch takes much the same hands-off attitude toward trade: the U.S. should not protect its industries from foreign competition, and, conversely, it should insist that its trading partners reciprocate. In a free global market, Americans would be forced to face up to the fact that either the nation controls its inflation or the dollar will continue its fall...
EXCESSIVE REGULATION Government rules have forced companies to spend cash on costly environmental, health and safety equipment rather than on modern machines. Earlier this year, the congressional Joint Economic Committee deplored the fact that U.S. industry in 1977 had to spend $6.9 billion for pollution-control equipment "that does not contribute directly to the production of measured output...