Word: lag
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...seize the initiative. In a surprisingly harsh attack on Premier Yitzhak Rabin, Tel Aviv's popular afternoon daily Yidiot Aharonot portrayed "Sadat, the tongue-tied illiterate" as "setting the world's imagination on fire," while Israel's leaders "with their perfect English" always seem to lag far behind. Concluded the editorial: "Would that we had such boors" as Sadat. Rabin indicated that he was ready to negotiate with Arab leaders, but otherwise the response from Israeli officials was skeptical and even derisive in tone. In the U.N. Assembly debate on Palestine, Israeli Ambassador Chaim Herzog spoke contemptuously...
...Carter, despite the vote lag among Catholics, stayed in the race, at press time, in 25 to 35 per cent Catholic Ohio, Illinois and California, lost narrowly in Michigan, and actually won in Pennsylvania and New York...
...reason that the nationwide rebound in housing lacks real punch is the lag in construction of new apartment buildings-in part, the result of the virtual freeze on federal subsidies for low-income dwellings, which was imposed by President Nixon in 1973. Moreover, the recent slump drove many small-and medium-sized subcontractors out of business, reducing the ability of the industry to meet the suddenly increased demand for single-family houses. Another major impediment to faster growth: the price of new and existing homes has been rising faster than the average family's ability to pay for them...
Economically, blacks still lag considerably behind whites, but they are catching up. In 1959 the median income of Southern black families was 46% of that of white families; in 1974 it was 56%. The totals: $6,730 for black families, $12,050 for whites.The black middle class is rapidly expanding, especially in the booming cities. Some black neighborhoods, such as Birmingham's Briarmont and Atlanta's Southwest, have all the amenities and status of upper-middle-class white residential areas...
While a cheaper pound lowers the price of British goods in world markets, and thus provides an incentive to lag ging British industry, it also fuels inflation by raising the cost of imported food and raw materials. One official calculation is that each drop of 4% in the ex change rate of sterling adds 1% to domestic inflation, thus threatening the recent improvement (the rate has dropped 6.6 points in the last six months, to an annual pace of 13%). Still, once the spin began, Prime Minister James Callaghan and his Chancellor of the Exchequer Denis Healey had little choice...