Word: leveler
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Dates: during 1970-1979
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...said that under the plan, which calls for a 33 per cent cut in the tax rates spread over four years, the 8 per cent yearly reduction could be impossible if the inflation rate jumped past its current 7 per cent annual level...
Erendira is physically incapable of revolt although her thoughts turn to it often. On one level Marquez is pointing out the stifling effects that can result from deeply ingrained traditions of family loyalty, particularly strong in Latin cultures. Also, he is protesting any form of authoritarian rule when it passes the bounds of reason and dignity...
...nuclear physicist trained in the '50s, I have been appalled at the low level on which the nuclear energy debate has been conducted. When dozens of workers are killed in an oil refinery explosion, no one suggests that we abandon the use of fossil fuels. When a water pipe in a nuclear reactor develops a hairline fracture, hysteria follows. Nuclear reactor safety is a highly quantitative and technical matter. It is high time that responsible journalism calls for rational discourse...
Department of Education. Fulfilling a campaign promise, Carter proposed a Cabinet-level Department of Education, arguing that schools would then get more attention than they do from the huge bureaucracy of the Department of Health, Education and Welfare. Opposed by both liberals and conservatives, the bill died in committee...
...other, rise from 8⅜% to 8¾%. The Fed funds rate serves as a floor for most other short-term rates. Then last week the board increased the discount rate, the interest charged by the board for loans to member banks, from 8% to 8½%, the highest level ever. A key motive for the Federal Reserve's money moves has been to halt a sharp and inflationary increase in the money supply. Also, the Fed is trying to forestall further dumping of the dollar on foreign markets; lower inflation and higher U.S. interest rates should make greenbacks...