Word: ratings
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Dates: during 1970-1979
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Well aware of the Senate criticism of the impending SALT agreement, both officials took pains to rebut charges that the U.S. is becoming a second-rate power. Said Vance: "The distorted proposition being advanced by some that America is in a period of decline in the world is not only wrong as a matter of fact but dangerous as a basis for policy." If the U.S. shies away from military intervention abroad, he said, that is a sign not of weakness but of a mature recognition that "our military forces cannot provide a satisfactory answer to the purely internal problems...
That decision, of course, meant an increase in gasoline and heating-oil prices, as well as in the overall rate of inflation. It also meant huge new profits for the oil companies. To counteract that, Carter proposed a profits tax that would leave the companies 29? out of every dollar gained from decontrol; he urged that the profits be spent on additional exploration and production. Kennedy angrily challenged the figure, asserting the oil companies would end up with far more. By week's end it was unclear whose figures were more accurate. But the Kennedy intervention emboldened House Speaker...
...country's economic planning is so rigidly controlled that no expenditures for approved projects are permitted until the funds have been raised. Thanks to this careful management, and greatly aided by the country's mining industry, Botswana's economy is roaring along with a growth rate of 25% a year, one of the highest in the world. Per capita income has risen from $180 in 1972 to $480 last year, and the country's foreign exchange reserves have doubled to $150 million in the past two years...
Sears may have been the target because it is the world's largest retailer (1978 sales: $18 billion), and a victory would give a lift to Carter's price fight. Surely a boost is needed. Consumer prices rose at a 13% annual rate in the first quarter, and wholesale prices for April were reported last week to have increased at an 11.4% annual rate, despite declines for some foods, including pork and coffee...
...took part." Others acknowledge that there are indeed tensions between black men and women that are exacerbated by a numbers game-there are 1 million more black women than men. But they insist that the real trouble is rooted in lingering hostilities between blacks and whites: the high jobless rate among black men, the curtailment of affirmative-action programs and other manifestations of what many blacks consider a white backlash, all of which affect the black male's sense of self and thus his relationships with women...