Word: slackly
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Dates: during 1970-1979
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...Mason and have been a Boy Scout. I do not wander aimlessly about slack-jawed with a vapid grin on my face. I, and I am convinced many Americans, happen to believe that man, in common with other members of the animal kingdom, is faced with a continual struggle to stay alive...
...next year, and predict a gradual lessening of inflation. The budget cutbacks by the Nixon Administration and the severe squeeze on the money supply, applied until early 1970 by the Federal Reserve Board, are at last bringing inflation under control. But these policies have produced a great amount of slack in the economy, which precludes any fast or strong comeback...
...year. They disagree most sharply not about what is likely to happen but about whether the U.S. could do better. Most argue that the nation could safely pursue somewhat more expansionary policies. In lonely dissent, Beryl Sprinkel replies: "If we say, 'We've got lots of slack, so go, man,' we will wind up a year from now moving toward full employment. But inflation will be rekindled, and we will go down one more time." Thus if inflation resumes, the nation will have to go through the painful process of slowing down all over again...
Percentages in ads are not new; Ivory Soap's "99 and 44/100 percent pure" slogan was first floated in 1882. The big use of the old numbers game right now is a result of the hard tussle for the consumer's dollar in a period of economic slack. Numbers lend an impression of credibility and precision that helps the buyer justify his purchase. Figures also have a strong appeal for financial men, who make or approve corporate buying decisions. Thus IBM ads promise that its equipment will cut reproduction costs...
...common with all Japanese workers, Toyota employees are never laid off-even during the slack period of model changeovers. The comforting sense of security is exceedingly important. The only serious strike Toyota ever had was in 1950, after 2,000 workers were let go. Before the strikers returned to their jobs, President Kiichiro Toyoda had to accept personal responsibility for the firings and commit a kind of corporate hara-kiri by resigning...