Word: pump
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Dates: during 1970-1979
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...would pump away a sweltering midsummer week in Iowa, when beaches and lakes and Laker beckon? Just about anyone, according to TIME'S Midwest Bureau Chief Benjamin Gate, who monitored the cornbelt caravan, part of it on a borrowed ten-speed Gitane bike. The Ragbrai army, he reports, comes from all over the U.S. and from every way of life and income bracket. On the road, its members fall into five loose categories...
...future, because the weakening economy is now starting to drag down the U.S. growth rate to a level closer to that of the rest of the world. The reasoning is in sharp contrast to the White House's yearlong drive to persuade West Germany and Japan to pump up their economies rather than to have the U.S. rely on a slowing of its own; and it is typical of the wavering signals that the Administration has been sending out all along. The White House already projects that U.S. inflation will average at least 7.2% this year, nearly three times...
...York State legislature last year, Nik-O-Lok Co. of Indianapolis, which markets the device and collects some 25% of the revenue, has been working to regain its lost business. One solution: a device that enables gas stations to charge 25? for the use of an air hose to pump up a tire. Said Nik-O-Lok Manager Martin Miller: "If you think air is free, try blowing up a tire with your mouth...
Brunei's maneuvering to retain British protection is based on oil. Tucked between the Malaysian states of Sabah and Sarawak, the sultanate sits on an estimated 1.6 billion bbl. of petroleum. The government owns a 50% share in a subsidiary of Royal Dutch Shell, whose wells pump 230,000 bbl. per day; it is also one-third owner of the world's largest natural gas liquefaction plant. Brunei's revenues should surpass $1 billion this year, and the national surplus, already $2.5 billion, will grow by another $700 million...
...with the rest of Government. The President appoints and the Senate confirms the chairman and the six other governors of the board, and thereafter neither can give them orders. Burns has boasted that once, when Nixon's Treasury Secretary George Shultz called on him to plead that the Fed pump out more money, Burns angrily ordered Shultz out of his office...