Word: tightness
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Dates: during 1970-1979
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...result is a knock-down, drag-out success, at least as long as the non-stop beat blasts away on the first side of the disc. In the title track, Gordon's band, the Wildcats, lays down a tight boogie rhythm and Gordon wails the praises of a lively nightclub on the edge of town. No one has heard the likes of his squeal in the choruses since Buddy Holly crooned "Peggy Sue" at the top of his throat...
...will not show up in American petroleum markets until late this month, which is why Carter and Schlesinger believe the gasoline crunch will be eased in June. But shortages will continue because OPEC nations that temporarily helped offset the lost Iranian production have reduced exports to keep supplies tight...
...exception is David Grove, who argues that a much tighter money policy and a deep recession are needed to wring inflation out of the system. As the recession deepens, Okun would prefer that the Fed ease off and promote some expansion of money supply, which has been fairly tight over the last six months. Warns Okun: "Keeping to that policy in a recession is like wearing an overcoat in summer...
With the current tight world oil market, all members except Saudi Arabia have added surcharges...
...brass reside under tight security on the sixth floor of the RCA Building in Manhattan. To one side are the offices of the chairman and the president, an area referred to by nervous underlings as "the court of the Borgias." The senior executive offices are on the other side, along a stark corridor lined with a tan carpet. With its plain white office doors and antiseptic ambience, a visitor observed last week, the place has the look of a hospital. "No," replied an NBC executive. "It is more like an insane asylum...