Word: peps
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Dates: during 1970-1979
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...drive to pep up the dawdling U.S. economy, Jimmy Carter will face at least two major challenges: prompting more investment by edgy businessmen and forging a working relationship with Arthur Burns, conservative chairman of the independent Federal Reserve Board, which controls the nation's credit. Last week Carter's prospects for doing both brightened measurably. After an hour-long meeting in Washington with Burns, the President-elect reported that the chairman found his economic goals for 1977 "reasonable." Those goals are a 6% rise in real output, v. 3.8% in this year's third quarter...
...adjusted for inflation-rose only 3.8% in the third quarter, rather than 4% as was first estimated. Industrial production fell .5% in October, the second straight monthly decline, and housing starts also dipped. Carter in January is likely to propose a $10 billion to $15 billion tax cut to pep up demand; his chief economic adviser, Lawrence R. Klein, has said that the country may need an annual growth rate of 7% to reduce unemployment significantly...
...postponement of elections has not slowed down Sanjay Gandhi, 29, a whiz-kid automotive designer and increasingly vocal supporter of his mother's policies. Sanjay, who until the emergency was preoccupied with his automobile factory in New Delhi, flies around the country, talking before mass rallies, giving pep talks to party leaders and calling at family-planning clinics. "The future generation will not judge India just on the basis of one election," he told reporters after the electoral delay. "The future generation will want a strong economy." Perhaps so, but some cynics are beginning to wonder if the grooming...
...students-75% of whom come from single-parent households-signed "contracts" pledging, among other things, to encourage their children to read to them and "to provide ... a quiet, well-lighted area for regular study." For their part, teachers undertook to work closely with parents. Together they staged reading festivals, pep rallies and open houses. Grant officials say that roughly a third of the parents became "intensively involved" and that in one year their 400 children recorded average reading-score gains of 1.1 years-a month above the U.S. average. Moreover, discipline improved; absenteeism and vandalism decreased...
...Houston-have become increasingly black because a large number of whites have moved to the suburbs. Another pattern of resegregation occasionally takes place within desegregated schools when students are simply assigned to segregated classes. Sometimes the black students segregate themselves. For example, at the season's first pep rally this year at Indian River High School in Chesapeake, Va., all the blacks sat on one side of the gym while the whites sat on the other Says Dorothy Polk of Charlotte, N.C.: "Black children tend not to join in as much, and this is a matter of concern...