Word: normalization
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Dates: during 1970-1979
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...dollar sellers?basically companies and banks that acquire dollars through normal commercial operations?could see only that the inflation rate was rising in the U.S. while it was going down in other countries, and Washington in their view was doing little to check it. Different sections of the Government were even working against each other. Step-by-step increases in interest rates forced by the Fed failed to halt an inflationary increase in the U.S. money supply. So those who sold dollars regarded the sales as a can't-lose bet. Their thinking: So what if the dollar is undervalued...
...former employee of Aramco (Arabian American Oil Co.) and holder of the Saudi-endowed King Faisal Chair of Islamic and Arab Studies. Beling would also become the center's director, and many of the faculty were fretting over his not being subject to the university's normal committee checks and balances in making appointments and running the center. Quipped one professor: "Why not just set up a feudal society on the campus and establish fiefdoms instead of departments...
...into the vaginal tract. Then he inserts a swab or spatula, scrapes some cells from the cervix and smears them on a glass slide, which is then sent to a laboratory for microscopic examination. A few days later, the doctor receives a report indicating whether the cells are normal, atypical or malignant. The patient gets a bill for about...
Then too, say the critics, the test is not highly accurate. Primarily because the physician may take an inadequate smear, some 20% to 30% of tested women who may have an atypical or cancerous condition erroneously receive a normal report. One study shows that because the condition of the cells is sometimes misinterpreted by the laboratory, another 7% of tested women who are in good health are told they have suspicious smears, after which a biopsy is often recommended. To Foltz and Kelsey, such statistics at the very least indicate that the Pap test is being overused at considerable expense...
...government does not want to buy foreign, wholesalers and industrial buyers steer clear of imports as well. At the same time, customs officers have been known to effectively shut out imports by finding fault with documentation. Moreover, since there is no reciprocity between Japan and the U.S. on normal standards, certifications and product health and safety regulations, foreign imports have to face lengthy and expensive testing procedures. Until very recently, even the smallest error gave minor bureaucrats an excuse to order the whole thing redone. Certification, laments John Quick, vice president in charge of GM's Asia-Pacific operations...