Word: spiral
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Dates: during 1940-1949
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...probably a good thing; most agreed that snow would fly before they got down to cases on ways and means to control skyrocketing prices, which are daily costing the defense program (and the taxpayers) millions of dollars, inevitably pulling down the standard of living, setting in motion a vicious spiral of inflationary forces...
...game, as Coach Snavely used an unorthodox defense that could be used to stop only one thing--the screwball Syracuse attack--in which the center faced his own goal line when centering the ball and passed the pigskin through the air end over end instead of in the usual spiral fashion...
Since 1930 the U.S. newspaper business has been in a downward economic spiral which is not yet stopped. Such is the gist of a 59-page survey issued last week by the Newsprint Association of Canada, 75% of whose paper is sold to the U.S. press. Some of the things which the Canadian newsprint makers view with alarm...
...reach 100% of parity, or even more. But since parity is a variable figure (related to a cost-of-living index) and since higher farm prices mean a higher cost of living, parity is a mirage, and an effort to reach it is likely to result in a price spiral...
Zelomek believed the Government could halt the inflationary spiral with its present controls (inventory pools, priorities, taxation of consumer incomes, OPACS price ceilings, etc.). Only trouble was that some of the measures (like ceilings on wages and farm prices) were political dynamite. Problem: would the Government have the guts? Burly Leon Henderson told the delegates the Government would. He said that OPACS was ready to crack down on any situation, including wages, that got out of line. (Last week he voiced some opposition to railroad labor's demand for a 30% raise.) Getting down to fundamentals, he even threatened...