Word: reasonlies
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Dates: during 1970-1979
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There is no reason to be surprised at the Egyptian delegation's ordering kosher food [March 5]. The Koran says: "The food of the People of the Book is lawful unto you." Thus, for an orthodox Muslim traveling in the West, the most convenient way to obey his dietary laws obviously is to eat kosher food...
...meeting in Geneva is also going to hurt Carter's struggling anti-inflation program. The President invited Democratic congressional leaders to a White House breakfast last week and talked worriedly about the economy. Carter confessed to the Congressmen that he was not very hopeful about slowing inflation. The reason: the U.S. economy is showing such unexpected strength that the recession predicted for this year by many economists may not occur until later. Presidential aides cited figures indicating that the economy grew at a robust annual rate of 6.9% in the final quarter of last year, pretax corporate earnings soared...
...reason the Camp David meeting produced divided counsel was that other economic indicators reflected weaknesses. Acknowledged one Carter economist: "We're having more trouble with diagnosis than prognosis at this point." Housing starts fell from 2 million in December to 1.4 million in February, and retail sales showed little or no growth in January and February. The presence of Federal Reserve Chairman G. William Miller at the conference suggested that the Administration might be considering ways to further restrain consumer credit. The President was granted authority in 1969 to ask the Fed to apply such restrictions during periods...
...faced some crucial tests. Foremost is the trucking industry's bargaining now under way with the Teamsters union, which is seeking pay raises as high as 38% over three years, far beyond those permitted under the guidelines. Unions generally cite rising corporate profits (see ECONOMY & BUSINESS) as one reason to demand bigger raises. Alfred Kahn, the Administration's top inflation fighter, concedes some merit in labor's claim and protests that "the business community has not been assuming their full responsibility in the anti-inflation fight." However, the acerbic economist contends that any settlement that goes beyond...
...reason that so many are willing is that for many mainlanders the gloss has gone off some once fashionable Caribbean and Mexican resorts. The dollar is worth a dollar, almost. The natives speak English, sort of. It is a fairly easy hop for U.S. Westerners, who account for 80% of Maui's visitors (though 600 people a day flew from New York City en route to Maui on United alone last year). Though here and there a McDonald's, a Pizza Hut, a Baskin-Robbins has sprouted, it is still possible on Maui to rediscover the idyllic Hawaii...