Word: leveler
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Dates: during 1970-1979
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TIME's board predicts only moderate relief. The peak of inflation has been reached, but the road down will be slow. David Grove, a private consultant and former chief economist for IBM, foresees a 1980 inflation rate of 9.5%, or double the level of only three years ago. Says he: "Inflation will continue as long ahead as we can see." Okun maintains that the latest surge of inflation has placed the economy on a higher price plateau, where it will stay for years to come. Even after the recession is over, he predicts, prices will be increasing...
...while, the Star weathered that exodus well. But during the strike, circulation at the newly lively Gazette soared to roughly what the Star's had been before the dispute. By the time the Star resumed publication, its readership had plummeted to the Gazette's old level. (The French-language La Presse [circ. 175,000] also fattened from the strike.) Said Star Publisher Art Wood after last week's announcement: "The simple truth is that Montreal could no longer support two independent English-language dailies like the Star and the Gazette, and the people of Montreal chose...
Spokesmen for Interex Corporation which hauled 100,000 gallons of Harvard-generated low-level waste in 1978, said yesterday they hear the shutdown will only be temporary...
...addition to the danger of catastrophic accident, no safe method of storing nuclear wastes has been found, nor have questions about the effects of low-level radiation on the human body been satisfactorily answered. And, in the case of the Seabrook plant, located on the coast, there are questions of how the billion gallons of water Seabrook sucks in and spews out at hotter temperatures will affect marine life...
Kain said the delay in the accreditation renewal "was never a terrible and calamitous thing in our mind. It's one of those which at one level really isn't important. But it's a lot easier to have the accreditation than to have to explain to 200 million people out there that it isn't a great issue...