Word: starting
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Dates: during 1970-1979
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...troubling shift in American attitudes" when people get fed up with inflation and high taxes? Barter is the most ancient of economic systems. If it is indeed an "underground economy," I hope it takes root and becomes the start of a moral and economic revolution...
...issues are spoiling the usual autumn conviviality: energy and inflation. The members know that their constituents want them to act on these matters, but they are not quite sure how. Hardly had they returned to their offices when the President started pressuring them to pass his energy program. At a senior staff meeting early in the week in the Roosevelt Room, Carter told his aides to put the heat on Congress. "When there's unfavorable committee action," he said, "we ought to call it exactly as it is." A top aide later warned that the White House may have...
...only 13 fatalities while killing 300 ZANU fighters and Mozambican troops. The Salisbury forces also claimed to have destroyed an armory, radar stations, fuel dumps and other installations in lightning helicopter operations that penetrated as far as 200 miles into Mozambique. The incursion, which Muzorewa said gave "a great start to the day," was launched after Zimbabwe Rhodesian intelligence reported that at least 100 Mozambican officers had slipped across the border to take command of the guerrilla forces fighting the bishop's regime...
Whatever the calendar may say, for many business people the day after Labor Day marks the start of a new year - the end of the slow season, a time of fresh beginnings. But this new year opened with a disquieting week of turmoil. As nervous investors continued to convert cash into inflation-proof tangible assets, the price of gold shot up to a wallet-popping $341 an ounce before settling back at week's end to $329. The Dow Jones industrial average, which had been rising since July, plunged 15 points in one day, the largest decline since last...
Other factors also contrive to make the market look fairly attractive. The last two bull markets started during recessions, after interest rates fell and investors began to sense recovery ahead. Also, stocks now are cheap. Corporate profits have almost doubled in the past four years, but many blue-chip stocks of big, old companies are selling at mid-1975 prices. The increasing number of corporate takeover bids suggests how undervalued they are. The Dow industrials are selling at 93% of book value, the worth of the assets minus the liabilities and divided by the number of shares outstanding. Thus...