Word: priced
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Dates: during 1960-1969
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Inflation is to the economy what pollution is to the environment-a corrosive force that unbalances everything. Though 16% of the nation's plant capacity stands idle, businessmen have been expanding their factories at a record rate, buying machines and materials now to beat further price rises and economize on scarce and costly labor. Export prices have risen more during the past year in the U.S. than in any other major country but Canada and Britain, and the nation's traditional trade surplus has all but disappeared. Wage gains are exceeding the increase in workers' productivity, pushing...
...coming decade, an inflation-weary nation should aim at a so-far elusive goal: stable prices, low unemployment and steady economic growth. The U.S. has already achieved a full-employment society, but the next job will be to devise ways to live comfortably with it. That will not be easy. The material prosperity of the 1960s has not produced tranquillity or happiness for large sections of the nation. A full-employment economy is a delicate mechanism, the clash of powerful forces, notably labor and management. Both forces will have to accept new atti tudes, new compromises and, above...
...helpers" four mornings a week (they now charge $1.25 an hour, up from 75? a year ago). She has furnished the house with used pieces rather than new furniture. She thought of economizing by making her own clothes, but concluded that there would be no saving "because the price of fabric has skyrocketed. To make an average dress, including lining, costs...
...spendthrift brilliance that measures an abundant talent. He handles those woods with the care and exactness of a naturalist. In short, at 27, he is already a novelist one can trust. Past blitheness, but not up to bitterness, Woiwode treats life (and death) with unstinting tenderness. He knows the price of love-and he knows the cost of living without...
SURPRISINGLY, the average price of such foods as chicken and coffee was lower last March than during 1958. Almost every other kind of food, however, was up-or way up. The prices, estimated by The Labor Department from data collected in 56 metropolitan areas, represent typical items in a housewife's market basket. Prices are, of course, much higher in many places...