Word: pent
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Dates: during 1980-1989
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Finally, a wage-price freeze, if temporary, would have little or no effect on inflation. The inflationary spurt after Nixon lifted his price controls in 1974 simply reflected pent-up pressures. The freeze did little to dampen expectations of inflation, and in the views of some economists may ultimately have led to even higher price levels! A more permanent freeze would have the defects mentioned earlier. It is not clear that such a system of permanent administrative price setting--approximating the system in a centrally planned economy--would be desirable, despite the many drawbacks of a market-based economy...
During World War II, 40,000 workers were turning out military vehicles, and after the war, 30,000 were still at work there trying to fill the nation's pent-up demand for cars. At the peak in the late '40s and early '50s, 55,000 people, most of them Polish Americans, crammed the pin-neat houses pinched together on 30-ft. lots along residential streets like McDougall, Yemans and Poland. Every morning almost the entire working population would trudge off to Dodge Main. Hamtramck was a joyous, clean, democratic, workingman's town that drew Harry...