Word: lifts
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Dates: during 1970-1979
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What can Carter do? The 94th Congress gave the President authority to lift all controls on the price of most domestic crude oil effective June 1, a step that would make a trip to the gas station more expensive. At Camp David, Treasury Secretary Michael Blumenthal and Energy Secretary James Schlesinger urged the President to take such action. But Vice President Walter Mondale and Presidential Counsel Stuart Eizenstat complained that this would be a blow to low-income families. At the very least, they argued, decontrol should be phased in. Nevertheless, a consensus did develop at Camp David that domestic...
...foreign aid seems to drive out the good-and there is a lot of good news. Foreign aid has contributed to the rise of a series of economically free and prosperous "ADCS," or advanced developing countries, including South Korea, Singapore, Taiwan, Malaysia and Thailand. U.S. assistance has also helped lift many less fortunate countries out of total destitution. The material results of foreign aid are often significant but little-known factories, dams and agricultural projects that create jobs and food, which in turn contribute to economic and political advance-and to good business for the U.S. Improving the economies...
...self-contempt. As Ruth, Dewhurst was a Rock of Gibraltar. Marchand is better suited to the role, a homebody with artistic impulses who needs a hus band for ballast. Though she has her cranky moments, Wilson's Aunt Helen is a lamp of sanity, and if anyone could lift the evening out of the dumps, trust Carter's resilient Dixie. The pity is that these five remarkable actresses have been taken in miscarriage...
...Caracas, Valentin Hernandez, Minister of Energy and Mines, summoned apprehensive oil company executives to his office and bluntly told them that Venezuela intended to lift prices an average 14% on all its oil exports. Later, the government announced that it would increase only the cost of heavy fuel oil, which accounts for much of the country's exports. Oilmen now expect that the broader crude oil increases will be formally posted later this month when existing three-month contracts are about to expire. For the U.S., which relies heavily on Venezuelan imports, the increases already announced could add from...
Clearly, Chrysler needs a lift. It lost $204.6 million in 1978, even though it earned $43 million in the fourth quarter, entirely from nonautomotive businesses. All automakers except General Motors plan a series of temporary plant closings this month to reduce bulging dealer inventories, but Chrysler's is by far the largest shutdown. Four of its five domestic auto plants and one that makes trucks and vans will close for at least a week, idling about 20,000 workers. Says Iacocca of the switches amid shutdowns: "We have to get profitable, we have to carve out a niche...