Word: faster
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Dates: during 1970-1979
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...Also announced late last week: a new $1.2 billion arms sale to the Saudis.) The additional Saudi oil would wipe out much of the shortage of crude in world markets, permit U.S. refineries to run faster (they in fact worked at 90% of capacity in early July, the best rate this year) and prevent the long gasoline lines of late June from reappearing this year. But the Saudi action emphasizes rather than relieves the U.S. dependence on foreign oil, and Carter himself fears that it might lessen the sense of crisis that could put the nation in a mood...
...around troubleshooter for Democratic Presidents, tried to ride a bike for the first time in 60 years and fell on the seat of his pants. Said Clifford: "The last time I rode a bicycle, you reversed the pedals to stop. This time I reversed the pedals and it went faster. I bailed...
...National Association of Realtors expects roughly the same size rise this year. Prices of old houses are moving up just as rapidly. The average mortgage rate for a new home has jumped from 9.1% in January 1978 to 10.7% last month and is rising faster than at any time since...
Today, by that same standard, only 13% can afford new-home ownership and 38% of all buyers ignore that prudent rule. In recent years, the price of new housing has gone up much faster than either personal income or inflation. Consequently, many Americans have become "house poor...
...proved remarkably resistant to economic downturns. Today the supply of homes is limited, and the demand from buyers is likely to remain strong and even grow as more and more baby-boom couples rush to jump aboard the real estate express. The prospect is for prices to continue rising faster than salaries. This will lead to a steady increase in debt, which will burden even well-paid two-income families...