Word: martini
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Dates: during 1970-1979
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...decade's final year that the previously unthinkable became commonplace reality. The year that brought 13% inflation, 14% mortgage rates and 15¼% prune rates also saw $225-a-day hospital rooms, $500 off-the-rack men's suits, the 25? Hershey bar and the $3.50 martini. Millions of Americans had to postpone their dreams for a home of their own; the average price of a few-frills new house surged from $59,000 to $65,000. Crude oil spurted to $45 per bbl. on the spot market, and gasoline sold...
...this rate the gin martini may be embraced next by the Georgia White House. That's O.K. There is a body of opinion that the world worked better before men took to mineral water...
...Recoiling at restaurant bills that can easily reach or exceed $25 for just one at lunch, more office workers are brown-bagging their midday meal or seeking out a growing number of health-oriented restaurants that ignore or play down booze and beef. The price of a single martini has risen in some Manhattan restaurants to more than $3, an extortionate sum that is only slightly below the wholesale cost to an establishment of an entire fifth of vodka or gin. Clothes purchases are being postponed. The Claude Herrons of Atlanta took their annual two-week vacation at the seashore...
...think tank. She also gets $9,000 annually from an inheritance, but they show few signs of opulence. They live in a two-bedroom walkup, drive a small car and holiday with parents. Lacking the kind of expense account that allows many Frenchmen the Gallic equivalent of a three-martini lunch, they do not make a habit of eating out. Says Xavier: "I would guess that 60% of the customers in Paris restaurants are not paying from their own pockets...
...started with some intoxicating cracks about "three-martini lunches" and grew into bigger shots at "excessive profits," "massive rip-offs" and "guideline violations." Jimmy Carter's relations with Big Business, never warm or close, have become even cooler and more distant as the President and his lieutenants have poured out inflammatory business-bashing rhetoric. The assaults are particularly troubling because they come at a time when the nation can ill afford more divisiveness. "Every big businessman is wondering when it will be his turn," says Forrest Rettgers, chief lobbyist for the National Association of Manufacturers. "Carter is shooting...