Word: growths
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Dates: during 1970-1979
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This was accomplished by replacing two of the stodgier performers, Chrysler and Esmark (formerly Swift & Co., the meat packer), with glamorous Merck & Co. and IBM, which is the market's most popular growth stock. Their inclusion reflects the rising importance of technology and drug companies in the economy and stands to make the Dow somewhat more volatile. Both companies' shares have risen substantially in value over the past two decades (Merck has more than tripled, IBM has quintupled), and relatively high-priced stocks usually have sharper swing than do lower-priced ones. Had IBM and Merck replaced Chrysler...
...seven years, with the proviso that the customer can break it after three or four years. Before 1974 the banks were unwilling to make loans for more than four years. They feared that giant IBM might roll out new models that would make the leased computers obsolete. Thus the growth of the leasing firms was hindered...
...Talia Shire) move to the Maine woods. Once there they learn, in woefully elaborate detail, that a local paper mill is polluting the streams and driving Indians from their land. In the second hour, the couple belatedly discover that the mill's waste materials have contributed to the growth of a mutant monster that stalks the forest. The creature, which looks like Smokey the Bear with an advanced acne condition, then proceeds to rear its ugly head in a few dimly lighted and cloddishly edited murder scenes. Somehow the human race survives this halfhearted apocalyptic mayhem. The reputations...
...such is not necessarily bad: in most cases, large resources improve a publication. Nor does the size of some enterprises keep new publications out. The number of small publications is growing and their diversity is dazzling. The really remarkable phenomenon of recent years is not so much the growth of communications companies, but the spread of highly organized special interest groups that have had considerable success in making themselves heard and seen...
...took office, the federal budget, in 1979 dollars, amounted to about $38 billion. In fiscal 1980, it will be around $530 billion. When Roosevelt took office, the federal bureaucracy consisted of 600,000 people. Today it adds up to 2,858,344. Such figures can only suggest that the growth of Government has been far more dramatic than the growth of the press that attempts to cover and monitor it. With innumerable Xerox machines and printing presses, through tons of publications, reports, tapes and films, countless Government flacks churn out enough information, and disinformation, to overwhelm an army of reporters...