Word: slowdowns
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...Slowdown at Sunrise Governed by the natural rhythm of an isotope of the cesium atom-which vibrates exactly 9,192,631,770 times per second-the atomic clock has long been considered man's most accurate timekeeper. Calculated to gain or lose less than a second over a period of 6,000 years, it was adopted by the 1967 General Conference of Weights and Measures as the international time standard. Despite those impressive credentials, which are accepted by most scientists, the reliability of the clock has now been questioned by two experimenters at the U.S. Naval Research Laboratory...
...Administration's planning for the next fiscal year is clouded by varying guesses about how serious the 1970 business slowdown may become. Presidential Assistant John Ehrlichman and Budget Director Robert Mayo were working with Nixon in California to put the final touches on the new budget. Part of their difficulty is with what Washington budget watchers call "the un-controllables": unavoidable automatic rises in payments for Medicare, Social Security and farm support. Another factor is the price of funding the national debt, a cost that has been driven up by the high interest rates of the Government...
Well, our sources report that grass is high (no slowdown in Christmas sales) starting at $15 an ounce, but hash is a bargain at $3-5 a gram. Mescaline is up at $2.50 a throw, but acid sales have not kept apace and prices are consequently lower...
...gets into the office by 8 o'clock. He says he makes decisions by listening carefully to all the facts that subordinates present and then weighing not only the facts but "my assessment of the people who are making recommendations." One of his current judgments is that the slowdown in the economy will cause interest rates to decline gradually...
THERE has always been an element of risk that Washington's efforts to control the worst inflation since the Korean War would tip the U.S. economy into a recession. The Administration's policy of gradual slowdown has been shaped to avoid any pronounced increase in unemployment. Though a few pessimists have been issuing warnings for several months, the danger of recession has generally seemed remote. Rather suddenly, the mood has shifted. In the privacy of executive suites, top bankers and corporate leaders have begun to voice their fears that the U.S. might be sliding into an economic slump that could...