Word: jumped
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Dates: during 1980-1989
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...example, the West were to lose Saudi Arabian oil for a year, U.S. GNP would drop $272 billion, while inflation would skyrocket by 20 percent and unemployment would jump by 2 per cent. And if a war, natural disaster, or sabotage were to cut off all Persian Gulf oil, the GNPs of the U.S. Europe, and Japan would plummet by 13,22, and 25 per cent, respectively. These catastrophes could cause a wholesale shifting of alliances as Western nations pleaded, or fought, for oil-and, the authors claim, could prompt a global war as nations scrambled for diminished oil supplies...
When he was approached about becoming Secretary of Housing and Urban Development, Samuel Riley Pierce Jr., 58, did not exactly jump at the chance. Joining the Administration would mean giving up his partnership at the prominent New York labor law firm of Battle, Fowler, Jaffin, Pierce & Kheel with a salary reported to be more than $100,000, vs. $69,630 at HUD. Says Pierce: "Frankly, I had to think about that." He discussed it with his wife Barbara Perm Wright, a physician with the Metropolitan Life Insurance Co., and after a meeting with Reagan in California, finally decided to accept...
...Block became director o the Illinois department of agriculture, a post in which he earned high marks even from rival Democrats. One of his proudest accomplishments was improving the efficiency of the Illinois State Fair which indicates the vast jump that he must make from the 806-employee state agency he headed to the U.S.D.A., with its 141,000 employees and far-flung operations involving issues such as international grain sales and the role of farm products in diplomacy. On these last matters, Block will take office with firm beliefs. He argues that food is America's greatest diplomatic...
...will increase as of the first paycheck in the new year from 6. 13% to 6.65%. At the same time, the income cut-off for Social Security taxes will increase from $25,900 to $29,700 in 1981. This means that the maximum Social Security tax for individuals will jump from $1,587.67 to $1,975.05. This will increase the total tax load on Americans next year by $40 billion. To businessmen and consumers already suffering from staggering interest rates and stunning price tags, the tax increase will be an auspicious beginning for the new year. -By Alexander Taylor. Reported...
...story on the Uganda elections when he and Photographer Bill Campbell were trapped for two hours at the downtown cable office under a hail of government mortar and machine-gun fire. All the first aid needed when it was over was for a broken suffered by Campbell in a jump from the top of a court yard wall to reach the safety of the American embassy...