Word: rate
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Dates: during 1970-1979
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...following year. But inflation has wrecked these plans, and additional spending is expected. To get SALT II approved, its supporters will probably have to agree to increased defense outlays of as much as $7 billion. The recession may trigger further spending; a jump of 2% in the unemployment rate could add $40 billion to the deficit because of lower tax revenues and higher spending on social programs. If there is a tax cut to combat the recession, that alone could push the deficit for fiscal 1980 to $50 billion or $60 billion...
...alternative to traditional health insurance policies, the HCHP has grown at a rate of 15 per cent per year since it was founded in 1969, Doyle said. Its rapid growth has necessitated expansion of its three centers, she added. Additional facilities are planned in Medford and Wellesley...
...Kenneth Haigh's Prospero seemed imbued with a weariness that I don't think either he or the director intended. Haigh's load this summer is enough to tire anyone: when he is not doing Prospero, he is playing either Brutus (an even longer role) or Malvolio. At any rate, his Prospero is not yet a sustained piece of work...
...name Caliban may simply be an anagram of cannibal (Shakespeare took some material for the play from Montaigne's essay on cannibals), or it may be related to cauliban, a Gypsy word for blackness, At any rate, Freedman has assigned the role here to a black actor, Joe Morton. A black Caliban is no novelty: the 1945 Webster production had the boxer-turned-actor Canada Lee, whose performance I found too monochromatic; and the 1960 mounting here had an exemplary Earle Hyman, who had been a superlative Othello here three years earlier...
Much of the June rise was fueled by the continuing surge in oil prices; this helped push up transportation costs during the month at an annual rate of more than 22%, largely because of the rocketing cost of gasoline, which soared at a rate of 92% a year. By contrast, clothing costs declined slightly, while food, the other big-ticket item in the family budget, rose by only 0.2% for the month. Testifying before Congress's Joint Economic Committee last week, Alfred Kahn, the White House's chief inflation fighter, argued that if it were...