Word: jolts
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Dates: during 1970-1979
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...trouble is that the President is just as determined to ease up drastically after that period, producing what economists call a "stop-go"-or in this case, go-stop-fiscal program. In a fragile economy like the present one, every jolt caused by new stops or starts is an added risk. Nixon might have been better advised, election year or not, to even out new expenditures and spread them over a longer period. Indeed he may yet be forced to do just that. The sheer red tape of federal bookkeeping, check writing and the like may make it virtually impossible...
...much more troubled if this had been done by someone else. I don't believe in controls as an end in themselves or on a permanent basis. On the other hand, I am an activist?nobody believed that until this year. Being an activist, I felt we had to jolt the American economy on the inflation side...
...frequently ignore their own protectionism. U.S. businessmen face enormous tangles of restrictions on trade and investment, notably in Japan (see following story). For years, U.S. trade negotiators have tried in vain to persuade their counterparts abroad to bargain seriously on these inequities. Nixon's program is designed to jolt them into much-needed negotiations. What disturbs foreign leaders is the possibility that the President might become so enthused by the domestic popularity of his program that he will push them too hard, demand too much, and retain the surtax too long...
...cold-blooded lie," he groans, "that a god had lovingly made the world and set out the sun and moon as lights to land dwellers, that brothers had fought, that one of the races was saved, the other cursed. Yet . . . it came to me with a fierce jolt that I wanted it, yes! Even if I must be the outcast, cursed by the rules of his hideous fable." Grendel soon casts off this grim, comforting illusion. Thereafter John Gardner's own fable, by turns grisly, comic and curiously touching, follows Grendel's twelve-yearlong crusade against the Danes...
...Durrani and Khan to speculate about what kind of event could cause the reversals and wreak the other damage at the same time. They concluded that the earth's magnetic field may be so precariously balanced (171 reversals in the past 76 million years) that even a small jolt would be enough to upset it. Such a jolt, they argue in a recent issue of Nature, could easily have been caused by a comet...