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Word: glut (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Usage:

...groups charged that the program to pay farmers for not producing was a giveaway to the dairy interests, fueled in part by the industry's campaign contributions to Congressmen. The meat industry feared that dairy farmers would cut production by slaughtering their older cows for beef, creating a glut of meat that would depress prices. And the Reagan forces contend that over a four-year period the new approach will cost the Government $500 million more than the bill they favored...

Author: /time Magazine | Title: Cowed by the Dairymen | 11/21/1983 | See Source »

Jackie Jung, Bell Service public relations manager, said the computer damage occurred at 3:30 p.m. and was repaired within six minutes After the repair, however, a glut of outgoing phone calls overloaded the computer's switchboard and prevented the phone company from restoring full service for an hour and a half...

Author: NO WRITER ATTRIBUTED | Title: Phones Out | 10/27/1983 | See Source »

Land Leasing. The leasing of coal lands during a market glut (at a loss of $100 million, according to the General Accounting Office) prompted the creation of a coal-leasing review panel, and Watt's insensitive description of the panel's "balance" precipitated his exit. Overall, the federal land leased to coal-mining companies more than quintupled under Watt. Conservationists fear that many leases were granted hastily, without proper environmental impact studies...

Author: /time Magazine | Title: The Legacy of James Watt | 10/24/1983 | See Source »

That may strike consumers as too gloomy a view, since the world is currently awash in a glut of oil that, according to some experts, may continue for a decade or more. The 1973 embargo and the 1979 supply interruption that followed the Iranian revolution helped spur reductions in demand and a spate of conservation measures. Despite a decade's growth in population, total domestic oil consumption today (15 million bbl. per day) is even lower than the level of 1973, an achievement not anticipated then. Autos made by the big three domestic manufacturers averaged roughly 12 m.p.g...

Author: /time Magazine | Title: Over a Barrel | 10/3/1983 | See Source »

Officials fear that as the powder's retail worth falls, new, less affluent buyers will become regular customers. The going price per gram is $75 to $100; the glut could cut that to $50 or even $25. Coke is reaching the streets in a purer, stronger form. All this worries Dr. Charles Wetli, Dade County's deputy chief medical examiner: "If the price drops and there is an increase in purity," he warns, "you're going to have a lot more deaths from snorting and free-basing...

Author: /time Magazine | Title: Snow Blizzard | 9/12/1983 | See Source »

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