Word: pocketbooks
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...hell with Watergate and your constitutional crisis. I have a pocketbook crisis, and it is real...
...managed to hold spending below $249 billion and cut the deficit to $17 billion, from the previous year's $23 billion. In the current fiscal year, Nixon aims for a balanced budget, which will mean holding spending to $268.7 billion. That will require cuts in some programs, but pocketbook-pinched Americans will at least be iii spared a tax increase. The Administration decided against including a tax rise in Phase IV, fearing that it would be "fiscal overkill" that could tip the economy into recession...
Costly Complexity. That switch is too radical for most wine lovers. Depending on one's pocketbook and palate, there are still many good buys to be had, and oenologists are helping laymen to search them out. Michael Aaron, vice president of Manhattan's Sherry-Lehmann Co., one of the largest wine retailers in the U.S., says that the affluent customer who balks at paying $60 for a 1970 Château Lafite label (it was $30 a year ago) can go to a quite acceptable Beychevelle at "only...
...They feel lost. I have a strong feeling that I've been betrayed somehow, because this is my Government and I expected it to be noble and above all, honest. Sure, rising prices bother me, but in Watergate we're talking about something far more important than pocketbook issues: the integrity of the Government. This is something that I hold very dear. I'm a flag waver...
...audacious assault on the family pocketbook, U.S. food prices have been rising steeply. Consumer prices for food rose 2.3% in January and 2.4% in February-the fastest rate of gain since the Korean War. Even the most optimistic prognosticators in Washington conceded that, if nothing were done to stop the fast climb, it would continue at least until July and perhaps longer. For consumers, the problem of high and rising food prices is literally a gut issue, and they have been demanding with ever greater insistence that President Nixon clamp on controls...