Word: surpluses
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Dates: during 1970-1979
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...when Richard Nixon proposed them in 1972. Nixon was seeking a way to stop what was then a hemorrhage of dollars out of the U.S. But last week the Government reported that the 1975 U.S. "basic" balance of payments (current transactions plus long-term capital movements) showed a surplus for the first time in the 15 years these figures have been recorded. Main reason for the improvement: higher sales of U.S. goods abroad as a result of previous dollar devaluations. Still, the GATT talks are hugely important to world prosperity. The volume of international trade last year dropped...
...accused WNBC-TV Investigative Reporter Liz Trotta of 18 specific "hatchet jobs." Some of Mobil's contentions were minor. At one point, for instance, Trotta asked: "If there's a surplus of oil, then why hasn't the price of gasoline gone down?" Mobil's complaint was, in part, that the price has gone down in recent months by about 20 a gallon. But other Mobil points about inaccurate or loaded reporting were sharper. Among them...
...long as America experienced massive and uninterrupted economic growth, Bell's argument implies, hedonistic self-interest could be bought off. There was enough surplus wealth created by the economic system that capitalists could enjoy dividends and workers pay raises; similarly, "special interests," like farmers and government workers, could have subsidies and increasing absolute shares of national income. In this way, hedonism, the villain of Bell's analysis, was defused as a political danger and displaced into the harmless arena of culture, which it has dominated since the late 19th century. The anti-capitalism of American avant-garde artists, writers, intellectuals...
...city ser vices. The Teamsters, who represent the laid-off workers, have taken him to court to prevent him from contracting out the work. But during his first two-year term, Hanna fired one-third of the city employees, cut taxes twice, and turned a budget deficit into a surplus...
...what Hannah Arendt called "the banality of evil." The wild-eyed potential generalissimos of Thompson's day have given way to the faceless bureaucrats, unknown corporate executives and "liberal" intellectuals who really make the rules. His weekly columns written with Ridgeway--an Institute for PolicyStudiesradical--under the heading of Surplus Value (economic issues) and The Greasy Pole (presidential politics), are generally thoughtful and serious pieces. Cockburn saves his true Private Eye spirit for the Press Clips. Also featured are "Dear Dr. Pressclips; Helpful Hints for Harried Hacks" (where Marshall Frady was advised that his case of "penny a word...