Word: tightness
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Dates: during 1970-1979
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...still focused on stimulating the economy to faster growth in order to bring down unemployment. That goal has been achieved, at an inflationary price; the jobless rate in June fell to a four-year low of 5.7%. Now the talk in Washington and the country is all of tight budgets, spending hold-downs and the long effort needed to bring prices under control...
...This time we are being very careful," Kevin McCall, director of operations for the Athletic Department, said yesterday. "The security will be very tight, Boston police will be there, and nobody, not even Manilow, will be allowed on the playing field. The field, especially, is sacred territory," he added...
...others argue that the Federal Reserve's tight money policy is making a recession much more likely. In a forecast released last week, Economist Arthur Okun, a senior fellow at Washington's Brookings Institution, warns that a soft landing would be impossible in a "very soggy economy" and charges that the Fed's moves to push up interest rates are creating a "very severe risk of recession" later this year or early...
Robert M. McDermott '77, a star tight end on Harvard's football team from 1974 to 1976, died early Wednesday morning in a fire that destroyed his Brighton apartment...
...Olivia Newton-John, and it is totally predictable that whatever he does, he will win back sweet little Sandy. Only Sandy decides to go part of the way around to Danny's side before the marriage is complete. Unfortunately, the sight of Olivia Newton-John poured into a tight black outfit with her hair frizzed out and a cigarette rather tenuously balanced off her lower lip is too much to take...