Word: fasted
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Dates: during 1960-1969
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Inflation has damaged the quality of life in the U.S., particularly in cities, and is cutting into the social fabric. Companies find it increasingly difficult to lure employees from field offices to head quarters cities where prices are highest, particularly in New York and Chicago. Lofty interest rates and fast-rising land and construction costs aggravate the na tion's shortage of modern housing and put homes beyond the financial reach of many people...
...Federal Reserve compounded the difficulties by unwisely permitting the money supply to grow much too fast, partly because it had to supply funds to finance the Government debt. Last summer the board's governors rroneously concluded that the surcharge might jolt the economy into recession. The board then expanded the money supply at an annual rate of 11%, which meant that there was more money around than the increased output of goods warranted. Naturally, prices went up faster than be fore. So far this year, the board has not increased the money supply at all, but its mistake...
McCracken says that "we may be see ing the early signs of the cooling of inflationary pressures" - and many other experts agree with him. The nation's out put of goods and services is expanding; only half as fast as a year ago, and that growth may stop entirely during the summer. The volume of retail sales has been sluggish for a year, and un employment, still a low 3.5%, is up slightly from 3.3% earlier this year. Of the three principal forces in the economy, two have lost most of their lift. Government spending and consumer spending...
Individual Horror. "Listen," Peckinpah says, "killing is no fun. I was trying to show what the hell it's like to get shot." Using a combination of fast cutting and slow motion, Peckinpah creates scenes of uncontrolled frenzy in which the feeling of chaotic violence is almost overwhelming. Where the slow-motion murders in Bonnie and Clyde were balletic, similar scenes in The Wild Bunch have the agonizing effect of prolonging the moment of impact, giving each death its own individual horror. Peckinpah repeatedly suggests that the true victims of violence are the young. Children watch the scenes...
What sets her apart from competing fast-buck writers is her extraordinary show-business savvy and an almost unlimited fondness for self-promotion. When it comes to flogging the product personally, the others are plodding dilettantes by comparison...