Word: man
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Dates: during 1970-1979
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About two dozen people strolled past a quartet of toothless old men outside Cothern's General Store in Riddleton to meet Gore inside the combination grocery store-post office-lending library. Bill Cothern, 30, the store's proprietor, protested the inflation. "How is the common man going to make it?" he asked. "The prices of stuff on my shelves is climbing. It's just disgusting. How much longer can we stand this?" Gore responded by asking how many in his small audience favored wage-and-price controls. All but two raised their hands...
Replied Leach wryly: "That is a unique and thoughtful approach, but I doubt whether it would be widely embraced." At several stops, Leach asked for a show of hands on whether the Federal Government should help the ailing Chrysler Corp. in its financial troubles. Insisted an insurance man in the town of Washington: "They should have the same right to go broke as I do." Nevertheless, the vote there was 18 to 10 in favor of a federal loan guarantee for Chrysler...
...Many a man has been corrupted by fine feathered friends, but one of the issues in the breakup of Robert and Dorothea Curley's marriage must be unique. Dorothea, 38, filed for divorce in Chicago after 18 years of marriage, three children and, at last count, 35 ducks. During a support hearing, she complained that the ducks her husband kept as pets upset the neighbors with their noise and untidy habits...
Inflation has spread a financial virus of unwanted dollars to the economies of the nation's trading partners, turning the once mighty greenback into the sick man of international finance. Since 1970, some $650 billion has piled up in so-called Eurodollar accounts in banks overseas, and the threat is ever present that holders might stampede to sell their dollars. Since 1971, minipanics have led to the collapse of worldwide fixed exchange rates against the dollar, the slide of the dollar against gold and other precious metals, and the progressive disintegration of global confidence in the dollar itself...
...intellectual leader of the young economists is Harvard's Feldstein, a soft-spoken family man from The Bronx, whose looks and middle-class background and mannerisms call to mind a benign dentist. While most of his peers remain academically cloistered, concentrating on the higher mathematics and econometric concepts of modern research, Feldstein is at home in both academe and Government. He is equally comfortable pondering a regression equation for a computer program or testifying to a congressional committee, which he often does. Both political parties eagerly seek his counsel. He was an adviser to Jimmy Carter's '76 campaign, turned...