Word: perk
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Dates: during 1970-1979
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...poised between two perils: even more inflation and deeper recession. Fresh harbingers of both of these threats appeared last week. The unemployment rate, which had dipped unexpectedly to 5.8% in September, returned to 6% last month-a sign of a softening economy. But other figures showed business continuing to perk along despite attempts to dampen inflation by curbing growth. Prices charged by wholesalers rose another 1% in October, while the index of "leading" indicators, which is supposed to foreshadow future economic trends, rose by a strong 0.8% in September. The net effect: the mild downturn that both the Administration...
...operations while the banks looked the other way and handed out money to cover the growing deficit. Park won their cooperation with business-oriented policies, including major tax cuts establishing a "free trade zone" for banks and large businesses. To keep the city afloat on a declining tax base, Perk sold such municipal assets as the transit system, the sewer system, the stadium...
...Trust meeting the same day also suggest the sale of Muny Light was a condition for renewing the city's notes. At a hearing held by a House Banking Subcommittee, Weir conceded Cleveland Trust's lending policies toward the city under Kucinich differed from those applied under his predecessor, Perk. Weir attributed the difference to Kucinich's rudeness; in particular, he mentioned the mayor's public characterization of him as a "blood-sucking vampire...
...most participants, however, a corporate fitness program is the hottest perk since the executive washroom. "I feel better and it helps my whole attitude," says Mort Roman, a manager for Atlantic Richfield in Los Angeles. Vance Foreman, chief engineer at Xerox, credits his firm's plan with cutting his hypertension medication from three pills a day to one. Says he: "Before I'd change jobs, I'd ask an employer...
...just 236 votes short of ousting him from office. His administration, staffed primarily by unusually young and inexperienced supporters whom the Cleveland business establishment and press continually charged with ineptitude and hostility, had to deal with the incomprehensible financial records left by the previous administration of Republican Ralph J. Perk. Then on Dec. 16, Kucinich's refusal to make political compromises and devise a financial package that the banks would accept plunged the city into default...