Word: slacks
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Dates: during 1970-1979
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...year is scheduled to get at least $114 in tax relief. Another spur to spending should be a rise in the public's "confidence factor" as a result of the general realization that inflation is slowing and the economy is gaining after a long period of slack...
Even before its hefty wage settlement early this month, the steel industry was braced for a slack third quarter. Most big customers are still using up the steel they stockpiled as a hedge against a possible strike. Nonetheless, steelmakers, led by U.S. Steel, announced an 8% across-the-board price increase to take effect on Dec. 1. Behind the scenes, though, hard-pressed companies began seeking sales by offering discounts-urging automakers to sign orders for cold-rolled steel before the increase and take delivery afterward at current prices. Last week an open rift developed within the industry when Bethlehem...
...projections to produce deficits of about $22 billion both for fiscal 1971, just ended, and for fiscal 1972. The 1972 figure is almost double the $11.6 billion deficit that Nixon predicted in his January budget message. Democratic economists believe that at a time when business is operating with considerable slack, the nation could stand even larger deficits without much risk of accelerating inflation. But many of Nixon's advisers deeply fear that greater deficits would be violently inflationary...
...slack jaw with the triangular splayed teeth, then the dark eye, impenetrable and empty as the eye of God . . . a silent thing of merciless serenity...
Women, the other new militants, are not faring nearly so well in the slack job market. A few companies have made special efforts to hire them in management jobs, but as one corporation recruiter put it: "Blacks are still on the upswing, but women have slowed down...