Word: hold
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Dates: during 1960-1969
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Parties of the extreme left or right hold little attraction for the great majority of West German voters, who remember all too well Germany's disastrous plunge into Nazi extremism in the 1930s. As a bulwark against political radicalism, the West German Constitution bans all parties that espouse principles inconsistent with a free and democratic society. Despite these psychological and legal barriers, parties of both the far left and far right were once again troublesomely active last week in West Germany...
...high unemployment since World War II. Money is tight, and prices have crept upward since last November's devaluation. Britain depends heavily on imports, notably food, and the lowering of the pound's value relative to foreign currencies made imports more expensive. At the same time, to hold down the price of British goods abroad, the government, over bitter union protests, put through a bill limiting annual wage increases...
...quirky, who's-on-first circles like slightly modernized Abbott and Costello. Dan: "How does it feel to have a few shows under your belt?" Dick: "Something shows under my belt?" Dan: "Maybe I should try another tack." Dick: "There's a tack under my belt!" Dan: "Hold it!" Dick: "But it may be sharp...
Forceful Bargaining. Much of the surge in prices is attributable to soaring wages, which companies have decided to let the customers pay for. President Johnson tried, without success, to hold organized labor's annual contract increases to 3.2%. This year, the raises are more on the order...
Before long, if historical patterns hold, consumers may want to begin saving again so as to reduce their debts. At the same time, probably in the first quarter of 1969, the combination of the Administration's three-month-old income tax surcharge, higher state and local taxes and another increase in Social Security payments will really begin to hurt family pocketbooks. The result may well be a cut in consumer spending and a gradual easing of consumer price increases to a manageable level of 3% to 3.5% a year...