Word: sharpness
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Dates: during 1970-1979
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...Carter made the bold move. He and his aides put together a dollar-rescue plan that amounts to a sharp and startling reversal of previous policies and aims to restore credibility to America's currency. The plan involves serious risks of starting a recession, and, at the very least, will slow down the economy. Thus Carter also risked alienating important Democratic constituencies?labor, blacks, liberals generally. But the Administration's economic team put the program together adroitly, with a sense of drama that won cheers from the world business community and provoked the most volcanic response on financial markets since...
...slow down money growth. The money supply did in fact increase much more gently in October; during the week ended Oct. 25 it actually fell a striking $5.4 billion, to $358.9 billion. Not much can be read into one week's figures, but the drop came even before the sharp jumps in the discount and Fed funds rates. Bankers view the $3 billion increase in reserve requirements as an especially important, direct move to restrain the money supply...
...Senate campaign between Republic Sen. Edward Brooke and Democratic Challenger Paul Tsongas has lacked much of the candor and opportunism found in the gubernatorial race. Both men have campaigned professionally, sticking with the issues and rising above personalities. But still there are sharp differences. Brooke, the sleek Washington insider, deserves great credit for his leadership in the fight for human services and rights, especially in the areas of federal housing and abortion rights. But there is the other side of Ed Brooke; the manipulative politician with an abysmal consumer voting record who has garnered tens of thousands of dollars...
Chief among the women's problems is getting their fair share of the mother's milk of politics?money. Women are less likely than men to make large donations. Sharon Sharp, Republican nominee for Illinois secretary of state, was approached after a speech by a woman in an expensive suit and flowing fur coat who excitedly thrust a check at her. It was for $5. Jane Eskind, who has the uphill task of opposing Senate Republican Leader Howard Baker in Tennessee, has had to rely on her own money ($100,000 so far). "Men are more comfortable contributing large amounts...
...This sharp dissent to the "get big or get out" philosophy comes from, of all people, David Garst, 52, the ruler of a family agribusiness empire big enough to make him a prairie Rockefeller. Based in Coon Rapids, Iowa, the business includes 8,000 acres on which the Garsts raise seed corn and breeding cattle, as well as a grain-elevator and storage operation, machinery manufacturing, the preparation and sale of agricultural chemicals, five banks and an insurance company. The Garst assets, which are divided among David, one brother, three sisters and their children, probably total more than $50 million...