Word: runaways
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...come up with any runaway hits so far this season, but Fred Silverman's troubled network cannot be counted out. Its winter replacement shows include United States, by the creator of M*A*S*H, and a new dramatic series, Skag, starring Karl Maiden. This summer NBC has the bonanza of the Olympic Games. Says Advertising Executive Chuck Bachrach: "The jury is out on Silverman. If he can maintain his standing until the Olympics, then I think everyone has a shot at No. 1 for next year...
When he boldly 'tackled the twin problems of runaway inflation at home and a hemorrhaging dollar abroad by tightening credit and raising interest rates a month ago, Federal Reserve Chairman Paul Volcker was almost universally hailed. The road down from 13% inflation would be long and difficult, but it was also imperative; and Volcker's policy was acclaimed as necessary. Now the costs of the descent are beginning to become evident...
Paul "Green Giant" Volcker for President in '80 on a bold, anti-inflation platform that defends the dollar abroad, puts a nonpartisan squeeze on runaway Government spending at home, and effectively controls the excessive flow of money and plastic money into the U.S. economy...
Some airline executives argue that deregulation has helped the carriers cope with runaway costs. Insists John Zeeman, vice president of passenger marketing at United: "If we did not have deregulation we would have been hurt worse. We have problems catching costs but we are now more flexible and can better respond to the market." The real test of that will come next year, when air travel is expected to drop as the recession begins to bite deeper. "The jury is still out," says Edwin Colodny, chairman of USAir (formerly Allegheny). "There will be no full answer on deregulation until...
...tends to get numbered one way or another, everything that can be counted, measured, averaged, estimated or quantified. Intelligence is gauged by a quotient, the humidity by a ratio, the pollen by its count, and the trends of birth, death, marriage and divorce by rates. In this epoch of runaway demographics, society is as often described and analyzed with statistics as with words. Politics seems more and more a game played with percentages turned up by pollsters, and economics a learned babble of ciphers and indexes that few people can translate and apparently nobody can control. Modern civilization...