Word: schmiedeskamp
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Dates: during 1974-1974
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...prices of gasoline continue to bedevil shoppers despite last week's lifting of the Arab oil embargo; and Watergate has produced a morbid epidemic of doubt about the country's future. "Inflation is no longer the sole reason for pessimistic expectations," says University of Michigan Economist Jay Schmiedeskamp. "At least half of the gloom comes from Watergate and the energy crisis. The Government plays a large role in the economy, and the people have lost faith in the Government's ability...
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