Word: jonesism
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Dates: during 1970-1979
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While Carter's show of White House muscle was impressive, some problems persist. The President is having difficulty filling top jobs in his Administration, in part because potential nominees are reluctant to commit themselves to a boss who may have only a bit more than a year in power...
WILLIAM JONES
William Jones, four times an unsuccessful council candidate, does not equivocate on the issues.
It was just such evidence of economic strength that two weeks ago led Federal Reserve Chairman Paul Volcker to push up interest rates to new highs and announce new measures to curb the inflationary growth of the nation's money sup ply. But the money stock actually expanded by...
The panic selling had actually started the previous Thursday, Oct. 24. That was when the Dow Jones industrial average, having already slipped in seven weeks from its record high of 381, dropped by six points on spectacularly high volume to 299. The plunge continued on Friday, on a half-day...