Word: high
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Dates: during 1970-1979
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...President was attempting to achieve, and at what risk to America's stability. Across the U.S., a people who had at first been bewildered by the President's unprecedented ten-day "summit" at Camp David, then relieved by his forceful speeches on energy, which tried also to set a high national purpose, could only ask: Now what...
There was widespread doubt in both the Administration and the Congress that Jordan was the right man for the job. One of his first acts was hardly encouraging. He distributed stacks of 30-question evaluation forms to Cabinet members, with instructions that they grade their high-ranking subordinates according to ability, performance and loyalty to the Administration. The forms were to be returned to him on Friday, so that he could begin deciding who at the sub-Cabinet level should be ousted...
...natural gas compromise bill through Congress last year−raising questions as to whether the chairman of the Fed should be getting into any subject as controversial as gas decontrol. But earlier this year, when the Administration tried to pressure him into raising interest rates, Miller flatly refused. Such high rates, he insisted, would be "unbecoming, unwise and unnecessary," and would run the risk of deepening the coming recession...
...work, Jordan has trouble saying no to friends and has accumulated some misfits on his own staff. His attire until last year was defiantly casual, featuring open-necked shirts and ankle-high boots. He seemed to work harder on his tennis game than on most policy problems. Says one friend: "Hamilton has been lax because he's had no specific responsibility...
...dollar to fall to its lowest levels ever. They applauded his replacement by G. William Miller, who as chairman of the Federal Reserve Board showed a tough-minded determination to protect the dollar by tightening up on money policy, even at the risk of slowing the U.S. economy. One high West German Finance Ministry official captured that view: "A bad Treasury Secretary has been replaced by a wise...