Word: lag
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Dates: during 1970-1979
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...exotic clime," he says, recalling his days aboard George McGovern's rattling bus-train-airplane caravan two years ago. "But in this case, the fatigue is compounded by the difference in time zones between the U.S. and the Middle East." Fischer had expected to recover from transatlantic jet lag during the President's stopover in Salzburg, Austria, but it was in Salzburg that Secretary of State Kissinger threatened to resign, and sent the press corps into a stretch of unanticipated overtime work...
While it might still be true that the United States has quantitative advantage over us-and that NATO has a quantitative advantage over the Warsaw Pact -in terms of total accumulated means of destruction, we no longer lag behind to any significant degree. In my last years as head of the government, our military theoreticians calculated that we had the nuclear capacity to blast our enemies into dust. We stockpiled enough weapons to destroy the principal cities of the United States, to say nothing of our potential enemies in Europe...
...utilities: as its rates rise, customers burn less electricity and revenues fall, forcing more rate increases that cut usage further. But it has many problems of its own. The state public service commission requires that its rates be based on last year's costs. A 60-day lag exists between Con Ed's paying for fuel and receiving payment for it from customers; currently the utility has spent $107 million to generate electricity for which no bills have yet been sent out. Some Con Ed customers are so angered by rate hikes that they are paying bills slowly...
Beset on all sides by worsening economic news-a deep dive in labor productivity, a continued spiral in interest rates, a lag in business spending for plant and equipment-the Nixon Administration clings fast to an optimistic scenario. It insists that the slumping economy will turn up and the nation's frightening inflation rate will go down, helped by the Federal Reserve Board's continuing efforts to hold down growth of the money supply. Last week, Federal Reserve Chairman Arthur Burns pledged in unusually strong terms to pursue that policy-even at the price of further hurting...
Eddison has vivid memories of the struggle of the Rhodesian guerrilla forces. They fought their first battle with the regime in 1966, and in the next three years there was widespread fighting across northern Rhodesia. After a several-year lag in the fighting, the liberation troops resumed the offensive, directing their efforts primarily against white farmers and forcing many of them to abandon their farms and move to the cities...