Word: hards
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Dates: during 1970-1979
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...leadership of the church, after years of hard work, introduces a new prayer book. Resistance among the laity is vociferous and in some cases violent. Is this the Episcopal Church with its modern-language prayer book in 1979? No. This first happened when Cranmer introduced his then modern-language prayer book in 1549. All the reasons given against the 1979 book-"it's poor English, it's not traditional, it's poor theology"-were first used in opposition to Cranmer's book. Plus ça change, plus c'est la méme chose...
Observes Bruce MacLaury, president of the Brookings Institution, which is no longer quite the hotbed of Keynesianism that it once was: "It has been hard for the Keynesians to contend that their prescriptions are the way out of stagflation. Ultimately, they are forced to admit that Keynesian techniques just bring forth inflation and not real growth. They answer that the solution is wage-price guidelines or another form of an incomes policy, but that is a very weak reed to lean...
...Stanford professor, advocates a concise plan. Among his ideas: 1) reduce the size of federal spending as a proportion of the Gross National Product; 2) balance the budget over the length of the business cycle, accumulating surpluses in good years that can be used for tax cuts in hard times; 3) require the Federal Reserve Board to announce a "moderate and predictable" rate of monetary expansion-about 5% to 6%-and stick to it; 4) eliminate the personal income...
Nobody knows the deeper reasons why productivity is declining, let alone so rapidly. The question of whether people on the job are working as hard as before has been the subject of countless barroom arguments and almost no serious study. There is better evidence of other causes...
...each weekday and an hour on Saturdays and Sundays (at 5 p.m. in most places), All Things Considered's bouillabaisse of hard news, light features and background reports is heard on 200 noncommercial stations. The show is the flagship program of National Public Radio, the aural counterpart of TV's Public Broadcasting Service. It is also the ear-throb of legions of listeners-2 million flip the dial to it at least one day a week, and some 150 send mash notes weekly...