Word: vitalize
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Dates: during 1970-1979
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...There's a mentality that goalies are not really players. Fans assume that we can't skate, when in reality such skill is vital to our success," says Fitzsimmons...
...build only when they see that inflation has been curbed. They believe, with much justification, that Government spending is one of the root sources of the inflationary spiral that hurts all Americans. For both psychological and substantive reasons, narrowing the deficit and bringing the budget into balance are vital steps in slowing the rise in prices. During the '60s and early '70s, the budget exploded with a mass of social programs that were perhaps innovative and needed at that time, but the mood and economy of the country have changed. Top OMB officials admit that during nearly...
...Prime Minister James Callaghan's shaky Labor government. Callaghan had set an anti-inflationary guideline of 5% for wage settlements, but the strikers were demanding increases ranging from 20% to 41%. The Prime Minister considered calling a state of emergency, thus empowering the armed forces to transport vital supplies of food and fuel. He rejected that course for fear of provoking the unions into even more drastic measures. Challenged by a Tory backbencher to bring the unions under control, Callaghan could only ask plaintively, "What action can I take...
...arsenal began pouring into Iran. America's decision to depend on the Shah as its surrogate policeman in the Persian Gulf was perceived as even more crucial in the aftermath of the 1973 Arab oil embargo, when Iran disregarded the boycott and continued to sell vital petroleum to the West. In retrospect, one top U.S. policymaker of that period reflects: "We let the arms sales get out of control, and we failed to press the Shah to establish the roots of democratic institutions...
...they have served in those jobs for at least two years and qualify for pensions and other retirement benefits totaling $27,000 a year.* And most companies will indeed compel executives to retire at 65. Their stated and valid reason is that new blood and new ideas are especially vital at the top. An unspoken but powerful reason is that every board member dreads telling a 65-year-old chairman: "Joe, you just can't cut it any more." It is much easier to say: "Joe, we would love to keep you, but a policy is a policy...