Word: runaways
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Dates: during 1970-1979
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...move forcefully to halt the worsening recession is growing. In fact, Ford's policymakers are in the process of charting a course toward more fiscal ease. Neither Treasury Secretary William Simon, Chief Economic Adviser Alan Greenspan nor Federal Reserve Chairman Burns wants to give up on vigorously fighting runaway prices. In their view, soaring costs are a key factor in the business downturn because they force consumers to put off purchases of everything from autos to airline tickets. Even so, Simon and Greenspan have said that a tax cut might be appropriate if the economy continues to weaken...
...changes do not necessarily portend a runaway gush of liberal legislation. Speaker Albert has so far not shown any dynamic leadership for pushing such bills or for taking full advantage of his potential power. Senior and more conservative Democrats still have practical influence as chairmen of many committees. Yet the changes, coupled with an increasingly liberal Senate, suggest that Congress will sharply challenge President Ford's view of desirable legislation. Even without the caucus reforms, Congress has already overridden four Ford vetoes-only one less than throughout the 5% Nixon years...
...Chairman," Rostenkowski replied, "you've got a runaway caucus out there. You've embarrassed a lot of the members." As Rostenkowski explained that Mills' power was slipping from him, Mills drifted away, as though in a trance. "You know I'm a sick man," he finally said. "I've got terrible pain...
...insist that much of the price rise has been forced by the soaring cost of raw sugar, especially cane, and that their bulging prof its are largely one-shot gains resulting from the sale of inventories that have risen in value enormously. Indeed, the basic causes of the price runaway go deeper than any possible profiteering...
...hand, had three scorers in the teens, led by Roosevelt Cox's 17 points. Cox hit on six of 11 from the field and five of seven free throws. He received some fine help from Steve Irion, who chipped in 12, and Glenn Fine who notched 14 in the runaway...