Word: two
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Dates: during 1960-1969
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...will actually stop inflation. The latest economic statistics indicate that the policies are indeed slowing the economy. Corporate profits dropped sharply in the third quarter, and industrial production fell in October for the third straight month (see chart). Housing starts fell 12% last month to the lowest level in two years, and new orders for durable goods, which had risen sharply in September, settled back again. The price picture is less clear. The consumer price index rose at an annual rate of 4.8% in October, compared with a 6% rate in September, but a one-month variation of that size...
...people who otherwise would be working only part-time or not at all. As for the non-working poor, Hollister and Palmer found that welfare benefits have generally risen faster than prices. The average monthly check in the program to aid families with dependent children rose 18% during the two years that ended last June. Meanwhile, the consumer price index went...
...Poor Price Index. Actually, price increases are less painful for the poor than for the middle class and wealthy, the two analysts maintain. They have rejiggered the figures in the Government's consumer price index, which is largely based on middle-class spending patterns, to construct a "poor price index"; it gives more weight to increases in food and rent expenses, less importance to rises in clothing, transportation, medical and education costs. Between 1965 and 1967, the last year for which they calculated the poor price index, it rose 5.1%, compared with a 5.8% increase...
Only four men were even aware of the secret nocturnal meetings last spring in the Vatican's baroque Apostolic Palace. Two were top cardinals in the church hierarchy. Two were key participants: Pope Paul VI and Michele Sindona, the tough Sicilian lawyer who in two decades has risen from obscurity to eminence as a financier and industrialist. It is almost unheard of for a Pope personally to conduct the church's business affairs, but this was no ordinary occasion. Sindona and Pope Paul closed a deal that started a shift of profound consequence in the Holy...
...llth century through the Middle Ages, European pilgrims worked their weary way to the tomb of the supposed apostle James in the northwestern Spanish city of Santiago de Compostela. In Spain, the path of St. James is a synonym for the Milky Way. Now, in the 20th century, two weary mendicants dodge cars and trucks as they retrace the ancient route...