Word: spiral
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Dates: during 1970-1979
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When the passengers are turned upside down, as in the double spiral of the Python at Busch Gardens in Tampa, Fla., the old saw "My heart was in my throat" is hardly appropriate: the feet are where the throat ought to be. As for the heart -it is on its own. Most unnerving of all are the giant loops on such rides as the Screamin' Demon at Kings Island, the Turn of the Century at Great America near San Francisco, and King Kobra at Richmond's Kings Dominion...
...named for British Explorer Frederick Selous), a secret, mixed-race tracker group of about 300 men who are renowned for their ability to survive in the bush. If water is not available, they will slake their thirst by sucking moisture from the stomach of a slaughtered kudu, the graceful spiral-horned antelope. Black members of the Scouts have masqueraded as guerrillas in order to discover the political leanings of black villagers. Consequently, whenever the Salisbury government charges that innocent civilians have been tortured or murdered by guerrillas, the nationalists usually answer that any alleged atrocities were committed by "Selousies...
...wrong they were. Less than three years later, raw sugar prices have plummeted to about 11½? in New York -up a bit from late 1976 but lower than they were before the 1974 spiral started. Amstar, the leading U.S. refiner, suffered the largest 1976 sales decline of any company on the FORTUNE 500 list; its revenues fell almost 34%, to $1.1 billion. At that, refiners are lucky; they have continued to make a profit ($43 million for Amstar last year) because their cost of buying raw sugar has fallen as fast as the price at which they sell...
...eliminating what is known as double indexing. A revision of the Social Security law five years ago tied increases in the wage base, on which Social Security payments are figured, to the inflation rate. At the same time, benefits were also indexed to inflation, virtually guaranteeing a steady upward spiral in payments. If this system were to continue, some workers might make more in retirement from Social Security than they earn on the job. On the average, retired workers currently receive benefits amounting to 43% of the salary they had when they were working; the Administration wants to keep that...
...there a limit to the housing spiral? President Carter's energy conservation program, announced last week, will certainly take at least some of the luster off the great American Dream of a home in the suburbs. Gasoline prices -and thus commuting costs for many suburbanites-seem destined to rise sharply over the next several years, along with home heating costs. Some home builders in temperate and colder climates are now including wall and ceiling insulation, but much of the country's existing housing stock lacks proper protection. That may make it difficult for newhouse buyers...