Word: indexes
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Dates: during 1970-1979
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...billion a year added to the price of imported merchandise. Much more inflationary, Bergsten finds, are the quotas that the U.S. imposes on a lengthening list of products: oil, steel, meat, sugar, textiles. Such quotas now apply to products that make up 15% to 20% of the consumer price index. They hurt consumers by forcing them to buy more expensive U.S. goods and encouraging American manufacturers to raise prices more than they would dare if they were faced with unrestricted foreign competition...
Dawdling Dow. The market is even more vigorous than the Dow Jones average of 30 big, old industrial stocks suggests. The Dow is the market's best-watched barometer, but it is lagging well behind more representative, broader-based gauges. Standard & Poor's index of 425 industrial stocks hit a new all-time high four weeks ago. Last month the industrial component of the New York Stock Exchange's 1,047-issue index also reached a record. Yet the Dow dawdles 52 points behind its record closing of 995 posted in February...
...even take humanity as some kind of moral index. who say that to be human is to be good and our problems all arise from not being human enough. I think I take a rather darker view. We must of necessity lose our humanity all the time...
...compensations. It's a brutal life. I lived on a farm, but am really not myself a rural creature. I really love New York City...at any rate I'm not sure that rural life or a big commune is an answer...The earth and agriculture are an index of something we need and are rapidly losing, the human animal is geared to interlock with all kinds of raw natural environments. The coming civilization--that doesn't mean just here, but worldwide--must accomodate people, it's a commonplace, I guess, ecology...
Wooing Vote. The Consumer Price Index in January climbed by a seasonally adjusted .3%, a middling rise. But meat prices, a matter of prime concern to consumers, jumped 1.5%. Retail food prices for 1972 are expected to increase 4%. Wooing the farm vote, Agriculture Secretary Earl Butz recently told audiences of farmers: "We are trying to get farm prices up-and you haven't seen anything...