Word: pricedness
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Dates: during 1970-1979
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- Gas Prices. Despite statutory limits on prices and profits at the retail level for gasoline, the agency's own regulators admit that as much as half of the gasoline sold today is priced higher than the law permits. With only 400 inspectors to police 225,000 gasoline retail outlets...
The Department of Housing and Urban Development estimates that in 1970 half the people in the U.S. could have afforded to buy a median-priced new house -then $23,400-by the normal credit rule that they spend no more than 25% of their pretax income on mortgage payments.
This was accomplished by replacing two of the stodgier performers, Chrysler and Esmark (formerly Swift & Co., the meat packer), with glamorous Merck & Co. and IBM, which is the market's most popular growth stock. Their inclusion reflects the rising importance of technology and drug companies in the economy and...
Good theater is not cheap, and Boston may not be willing to pay. Broadway shows have started bypassing Boston on their tryouts because of insufficient audience support. In the past few years, moderately priced suburban dinner theaters have lured many patrons away from the $25 tickets and distasteful proximity to...
That would be a start in the right direction, as would the proposal that President Carter announced last week to make more money available for development of solar energy. The nation does need to push production of alternate forms of energy, to reduce its debilitating dependence on unpredictable and outrageously...