Word: market
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Dates: during 1970-1979
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...food stamps, and 2.5 million retired military and federal employees. But the index has had two serious drawbacks: it is based on the spending patterns of only urban blue-collar and clerical employees, who now constitute less than 45% of the population, and it was compiled by pricing a "market basket" of goods and services compiled back...
...Labor Department's 360 price inspectors (all but a handful of whom are housewives) had been checking the prices of some products that hardly anyone buys any more: pedal pushers, garter belts, bobby pins. Such obsolete articles were thrown out of the 400-item market basket and many newer ones substituted. The BLS shoppers will now price, for example, joggers' warmup suits, pocket calculators, birth control pills and wine...
Much more may follow. To gas distributors, the logic of importing LNG seems irrefutable. Natural gas is a clean-burning fuel that is relatively scarce in the U.S.; in many foreign countries it gushes out of oilfields in great volume, but is burned off because there is no local market for it. Granted, it cannot be piped across the oceans, but why not liquefy it to one six-hundredth of its normal volume and haul it to the U.S. aboard ship...
Sibling rivalry between spiritual leaders? Well yes, between the Maharaj Ji, a.k.a. Perfect Master, and his eldest brother, Shri Satyapal Ji (Truth Incarnate). In India they are often regarded as export gurus aimed at the Western market, but in the U.S. the baby-faced Maharaj Ji, now 20, was once worshipped as the Lord of the Universe by 50,000 or so devotees of the Divine Light Mission. In 1975 his mother, Mataji, disapproving of his playboy ways and his marriage to an airline stewardess, deposed him in favor of his brother. Since then the name of the organization...
Even baseball's trial separation, the winter offseason, produced problems in the Yankees' big, unhappy family. Steinbrenner plunged once more into the free-agent market and, two megasalaries later, became the proud owner of Rich Gossage, the Pittsburgh Pirates' fireballing relief pitcher, and Rawly Eastwick of the St.,Louis Cardinals, who had an off year in 1977 but was the League's top reliever for the Reds in 1976. Since the American League's No. 1 fireman, Cy Young Winner Sparky Lyle, was already in Yankee employ, Steinbrenner's bullpen overkill brought immediate...