Word: inflationitis
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Dates: during 1960-1969
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"We Will Not Budge." The change comes at a particularly sensitive time, when everyone is wondering when prices will stop going up and interest rates will start coming down. The Administration has given top economic priority to fighting inflation by sharply restricting Government spending at the same time that the...
Rustan Z. Kothavala, lecturer in Geology and head of the new Science Center, said that some proposed facilities had to be dropped or delayed until funds could be raised, since either changing the plans of the building or waiting for sufficient funds would entail too costly a delay. Inflation is...
It hardly matters that Kennedy was right the first time. Nobody expects that the U.S. can defeat inflation by conventional means unless it accepts at least a 4% unemployment rate, and if inflation continues to soar, the Administration may indeed be forced to introduce controls. But Kennedy, a longtime top...
Tarnished Idol. The decline only confirms a malaise that frustrated consumers have already sensed as they cope with power blackouts, telephone breakdowns, transportation delays and an increasingly paralytic postal service. For years, businessmen and politicians have worshiped economic growth. Today that idol is tarnished by inflation and pollution. "We get...
The losses were due partly to huge damages paid on a rare combination of hurricanes, air crashes, U.S. race riots and oilfield fires. A deeper reason was that in those years, premium rates of much of the insurance business -with the exception of long-term life, which Lloyd's...