Word: modeste
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Dates: during 1970-1979
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...economy is now so big that it must move ever faster in order to stand still. Walter Heller, a member of TIME'S board, calculates that the increase in the labor force, the normal rise in productivity and a modest increase in inflation would add up to a potential growth of 7.5%, or $90 billion. But growth has to be higher than 7.5% for several more years if the nation is to employ its out-of-work men and women and get good use from its underutilized plants and machines. As a consequence of the recession...
Specials will also continue to provide an avenue for drama's modest comeback on TV. Theatrical Producer Joseph Papp will bring Shakespeare's Much Ado About Nothing to CBS. ABC will show a filmed performance of O'Neill's Long Day's Journey into Night by Laurence Olivier and England's National Theater troupe. Many specials will probably turn out to be less than special, but in their diversity and indefinability they may be a good portent: they constitute a format that offers some hope of liberation from the very concept of format...
...chairs formed in a semicircle in a glade near the top of the Hill of Hope, and there await the Miracle of St. Joseph. They are never disappointed. At 10:30 a.m., a stocky woman with soft gray hair and intense brown eyes walks quietly in front of a modest pedestal holding a small statue of St. Joseph and the infant Jesus. An aide strings a microphone around her neck. Then to her rapt audience Mrs. Frances Klug, 51, a devout Catholic, mother of three and wife for 26 years of an insurance agent, explains that she is "only...
...that many unions were entitled to substantial pay increases in order to catch up with past price inflation. But he urged that the line be drawn against aerospace workers when they won a big pay hike. To Kosters, the boost defied free-market economics: heavy layoffs in aerospace dictated modest increases, but pay was rising sharply because historically it had followed auto-industry wages. If wage inflation cannot be held down in an industry with an oversupply of labor, Kosters argued, it cannot be held down anywhere. The Pay Board shaved the aerospace rise, setting a precedent that has since...
...denies that Daly makes frequent trips to Washington. Robin Schmidt, assistant vice president for Government and Community Affairs estimates that he and Daly averaged roughly ten days a month in Washington last year when Congress was in session. Daly, uncharacteristically modest, states that he has been to Washington "as many as two times" a month...