Word: spreading
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Dates: during 1970-1979
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...nation's pressing domestic business. Finally acknowledging that recession deserves equal time with inflation, he gave up his goal of trimming the federal budget to $300 billion this fiscal year and said he would settle for a spending total of $302 billion. As layoffs and unemployment continued to spread alarmingly, he promised a press conference this week to explain his economic policies (see ECONOMY & BUSINESS). To quiet grumbling from the Hill that he has drifted out of touch, Ford met with a range of congressional leaders both to talk economics and explain the SALT agreement tentatively reached with...
...transportation costs and add to inflationary pressures." Richard Gerstenberg, who stepped down last week as General Motors chairman, had reservations basically unchanged from a month ago, when he called proposals for a gasoline-tax increase discriminatory and a "terrible thing." He prefers a tax on imported oil that would spread the burden more evenly among all petroleum users...
...Though Andre pere sent his son into the pits at age 14, he kept him at his trumpet lessons. Four years later, he bowed to the teacher's urging and packed the boy off to Paris to enter the Conservatoire. For over a decade before records began to spread his reputation, Andre took any job he could get: TV commercials, jazz dates, concerts in the Michel Legrand orchestra and endless La Bohemes in the pit of the Opera Comique. Says he: "Look, every day for 44 years, my father went down into the mines with a smile...
...members have a meeting at the end of the year to decide how many work-points one day's labor by each person was worth. This is supposed to encourage people to work for the community instead of for work-points; but what prompted the argument was the spread of work-points. Men can get up to eleven for a day's work, but women can only get up to eight. It comes to about 80 cents and 65 cents a day, respectively, rent and grain and health care being free, or nearly...
...dollar has also lost some of its zing because of a policy switch by the oil-producing countries. Until recently, the oil nations received and invested nearly all of their oil revenues in dollars and British pounds; lately, they have begun to spread out and funnel more of their receipts into other currencies, notably the Swiss franc. Alarmed at a sudden and disruptive surge in demand for Swiss francs from nervous outsiders eager to unload dollar holdings, the Berne government took steps to stop the surge. Nonresident foreigners will have to pay 3% quarterly penalties on new bank deposits...