Word: past
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Dates: during 1960-1969
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...stylized forms and archaic symbolism of the past appear increasingly ir relevant to some people, who nonetheless feel the need for some form of religious sanction for their love...
...Scarecrow came to her funeral; so did Andy Hardy. So, in spirit, did the countless legions of Judy Garland's fans, 21,000 of whom appeared in per son and jammed the streets of Manhattan's Upper East Side last week to file past the bier where her body, dressed in the ankle-length gown she had worn at her fifth wedding, lay in state. Many were moved to tears when a young girl from The Bronx began to play Judy's records on a battery-powered phonograph. Some, of course, came only out of curiosity. Others...
...again last week to curtail the credit supply by proposing reserve requirements for Eurodollars. Board members want to stem the flood of those dollars that banks have been importing from European branches by the billions and then lending out. The Federal Reserve has misread the economy twice in the past three years and has prematurely expanded credit. It is not likely to do so again until the signs are unmistakably clear that inflation has been reversed. The latest readings of the consumer price index and the leading indicators suggest that what the Federal Reserve and the Nixon Administration have done...
...echoed by other business and Government economists. The leading indicators, however, reveal a significant slowdown in construction, commitments for new plant and equipment and general investment activity. Retail sales have flattened in recent months, and the actual volume of sales-discounting inflation-has not risen at all over the past year. The evidence suggests that consumer demand, which has been partially responsible for inflation, is moderating. And no wonder. The U.S. is currently in the midst of the longest period of non-growth in real take-home pay since World...
...worker who has seen his weekly purchasing power decline in the past year from $78.47 to $78.23 in May, the best news is the prospect of increasingly stable prices. Government economists figure that the rate of rise in living costs may go up in the next few months because of seasonal factors, but that the index will be advancing at a fairly steady 4% annual rate at year's end. They expect the Government's anti-inflationary moves to have worked their restraints on prices by then, if not earlier...