Word: trend
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Dates: during 1970-1979
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Daniel J. Clinton, a three-term Independent city councilor, is battling a dangerous trend this year: since his first successful bid for the council in 1969, his electoral position has dropped from fifth place to sixth in 1971 and, finally to eighth...
Undoubtedly Spain will change with Franco's removal from office, but the trend toward reform will not be dramatic. The real holders of power, such as Premier Carlos Arias Navarro, will probably make conciliatory reforms such as granting labor unions autonomy and making strikes legal, but Arias and others will continue to attempt to ban some political parties, particularly those left of center. And Juan Carlos, characterized by his friends, according to Israel Shenker of the New York Times, as "a simple melancholy character with little character and less color, lacking in wit and drive," brings no hope for democracy...
...matter what cuts are made, the city's future depends largely on its business climate, which has turned decidedly cloudy because private employers are moving out. Since 1969, when there were 3,798,000 jobs in the city, 456,000 have been lost. In part, this reflects a national trend of manufacturers escaping the high-cost, crime-ridden inner cities. Even so, New York has done next to nothing to stem the exodus. Says Savas: "City officials look upon business as a convenient cow to be milked." Until recently, the city offered few of the tax breaks or sundry inducements...
...position, its action comes none too soon. While there are many and confusing ways of calculating money supply, by one measure it has recently been growing at an annual rate of 1.6%. In the two weeks ended Oct. 1, the nation's money supply actually declined. If that trend were to continue, efforts by businessmen and consumers to borrow more money than lenders had available would push interest rates higher. One probable result: a greater flow of money out of savings and loan associations, which supply a huge chunk of the mortgage money for new homes, into Government securities...
...current trend away from political activism on college campuses is being countered at Harvard by a group of students who founded the Harvard-Radcliffe Committee on American Foreign Policy last spring...