Word: taking
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Dates: during 1970-1979
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Brown-followers might take a double-take at these stats: long a starting pitcher who worked a Harvard record innings in 1978. Brown has been transd--at least temporarily--into a relie "It was the first time that I relieved," he said, "and I enjoyed it in the respect that I got to throw in key situations often; but I also missed going out there and throwing nine innings...
...season indicates, Brown had little trouble making the jump from college to the pros. "It's completely different," he said. "You didn't have to think about a take-home hourly or getting up early the day of a start." And the rumors of miserable treatment and slave wages in the bush leagues? "I got some bonus money and it was a minimal salary. When you're playing baseball at this level, you're not playing for money. The big thing to me is playing. I'm in no rush whatsoever to make money...
...teammate on both the football and baseball squads where St. John plays shortstop. Brown said, "There's a kid that's been very very close to me. An injury like that staggers a team, especially after an opening day win. Losing a player of his caliber--it has to take a toll on the team...
...standard of living, however, can crumble in different ways. Volcker's chosen poison is to take up inflation's slack by letting prices and business production outstrip the consumer's buying power. As Andrew Tobias has pointed out, though, the U.S. pays $65 billion annually to foreign oil producers, and that by far should be the chief target of any anti-inflationary program. Let the "living standard" that has Americans riding mammoth cars and wasting electricity fall, not the standard that keeps food on their tables and money in their savings accounts...
Instead of fooling with "monetary aggregates" and free-floating interest rates--which the public doesn't understand, and would probably fight if it did--the federal government could take steps to enforce gasoline conservation, either directly by legislated requirements for Detroit or indirectly by an exorbitant gas tax that would force car-makers to produce more efficient autos. There would be inevitable problems to work out, but the public would see a concrete step against inflation much more comprehensible and palatable than Volcker's fiddling...