Word: reliefs
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Dates: during 1970-1979
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...index, the G.N.P. deflator, rose at an adjusted annual rate of 4½% in the second quarter, v. 5½% in the previous three months. Most of the decline reflected technical factors rather than basic change, but at least inflation has not grown worse. The consumer has felt little relief yet, but economists are encouraged by a recent drop in the wholesale price index of sensitive commodities, including eggs and meat. The stock market reflected the new atmosphere as the Dow-Jones industrials rose 35 points, to a week's end close...
...President is a self-proclaimed free trader, but last month he redeemed an ill-advised 1968 campaign promise by "reluctantly" backing textile quotas to help his Southern supporters. Other industries started calling for relief from import competition. Commerce Secretary Stans complained that the U.S. had become "Uncle Sucker" by lowering trade barriers while other nations kept them. Administration officials are horrified by the protectionist deluge that those comments provoked and are struggling to contain...
...deficits have deposited abroad. The economic isolationism and trade wars of 40 years ago prolonged and deepened the world Depression of the 1930s; the post-World War II move toward free trade has been a mighty engine of global prosperity. Abandonment of that progress for the sake of temporary relief for some high-price U.S. industries would be the height of economic folly...
...more real. "We all had an understanding that it wasn't our fault. Nobody made us feel ashamed," recalls one poor white Southern girl. In another passage, a Chicago door-to-door salesman remembers it differently: "Shame? You tellin' me? I would go stand on that relief line, I would bend my head low so nobody would recognize me. The only scar it left on me is my pride, my pride...
...future, that finds it far harder to acknowledge mistakes than to perpetuate them. His slow evocation of a vanished England is evident in the smallest vignette. For example: the town milquetoast (Norman Bird) appears at a charity show, blazes to life for one salacious song, then returns-almost with relief-to his eunuchoid role...