Word: meats
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Dates: during 1970-1979
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...Banquo's ghost, inflation continues to haunt the nation-and the Nixon Administration. Frightened by that specter, housewives are organizing a nationwide boycott of meat counters, union chieftains are threatening to press for fat wage raises, and Congressmen are calling for a return to the stringent controls that existed until January. From the very moment that President Nixon loosened those controls, Democratic politicians and economists warned that Phase Ill's anti-inflation forces were simply too weak. Last week, when results of the first full month of Phase III were reported in Washington, their predictions turned...
...Zigs. In an effort to hold down meat prices, the Cost of Living Council ordered packers to pass along any variations in their cattle costs on a dollar-for-dollar basis, without tacking on their customary profit markup. For the most part, Nixon and his advisers seemed determined to ride out the squall without taking one of their sudden, celebrated zigs in policy. In fact, the only thing they seemingly wanted to change was the nation's eating habits. After the President had endorsed fish as a "patriotic" dish and Federal Reserve Chairman Arthur Burns picked cheese, last week...
Following is the White House recipe for "The President's Favorite Meat Loaf...
...barriers to U.S. goods. Just how such authority would work out in practice is difficult to predict, because the only consistency in the President's record on trade is that he has seemed to shift with the political winds. Recently, he has loosened U.S. quotas on imports of meat and oil, in response to rising public worry about inflation and the shortage of fuel. But he has also bowed to business pressure and restricted imports of textiles and steel. Some foreigners, at present, do not quite trust Nixon to use a new and flexible authority wisely. Early overseas reaction...
There is also an urban Hoagland who writes about haunting a restaurant in New York's meat-cutting district that offers go-go girls with hamburgers at 11 a.m. Still another Hoagland worries about the fascist potential in hiring private armed guards to patrol his dangerous neighborhood and muses about political assassination and his own unlikely killer instinct. Hoagland the literary man, the author of three novels that few people bothered to buy, turns a puritan eye on literary politics and celebrity. "The clean handling of fame is what's asked for," he says with his jealousies tightly...