Word: leveler
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Dates: during 1970-1979
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Unfortunately the rockabilly energy level dies down for side two, and Gordon resorts to a series of flaccid slow ballads--"It's Only Make Believe," "Wheel of Fortune," "I Just Met a Memory," and "Blue Christmas." It's well-known that slow numbers are totally worthless, except for high school kids who need a cheap feel at the dance Saturday night to get them through the week. Today's high schools are too busy playing the Bee Gees and Donna Summer to waste time on Robert Gordon...
Looking ahead, Deputy Secretary of Energy John O'Leary told Congress last week that gasoline supplies this summer are likely to fall only 3% to 4% below 1978, and might equal last year's level. That would still leave a shortage, since some 3% more cars, trucks and buses are roaming the open road now than a year ago. But the most pressing problem may be shifting from gas to diesel fuel. Oil companies are dribbling out to distributors only 55% to 85% as much diesel fuel as a year ago. Aviation fuel supply is also tight...
...vote for Republican Connally would not be able to vote for opponents of liberal Democrats in the state races. On the other hand, Hobby wanted two primaries so that the conservative Democrats would be free to vote for Connally in one, and for their favorites on the state level in the other...
...there is one root to the evils gripping the nation's economy, it is a low level of investment. The U.S. spends only 9% of its national income on capital in vestment, vs. West Germany's 15% and Japan's 20%. Consequently, the country is living off - and eating up - its capital stock. Its plants and machines are aging, its competitive edge in world markets is softening, its productivity growth is falling, and its prices are soaring. The surest way to return to noninflationary increases in living standards would be to enhance productivity, and the best means...
When it comes to protectionism, the sugar industry has been given some of the U.S.'s sweetest deals. For 40 years cane and beet growers were shielded by import quotas that not only helped keep domestic prices at twice the world level, but also fostered corruption and bribery and made Congressmen like the late Harold Cooley, Democratic chairman of the House Agriculture Committee, virtual Secretaries of State for Sugar...