Word: wayes
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Dates: during 1970-1979
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...way the big man rakes...
...longest in peacetime history, the U.S. economy is throwing off conflicting signals of whether it is speeding up or slowing down. Largely because inflation-pinched consumers are reducing some spending, the output of goods and services grew at a paltry 0.7% annual rate in this year's first quarter, way down from almost 7% in last year's final quarter. Yet a batch of fairly robust statistics indicates that there was a rebound in March, and that is causing a significant split in the Carter Administration over what policy to pursue...
...great care before making any marked change. As he told TIME: "We must avoid the unpredictability of monetary policy and moderate the swings of interest rates. Last summer there was criticism that if the Federal Reserve tightened money, we would wreck the economy. Now the clamor is the other way, telling us to do more. We must resist those temptations and have more nerve and sense of responsibility to look at the final good for the nation and not to our popularity from week to week...
...Hayden and his Oscar-winning wife, Jane Fonda. They are promoting rent control up and down California. As Fonda told a tenants' group outside San Francisco last week, "We're not trying to screw landlords out of their profits, but we have to find a way for people to get a roof over their heads while landlords make a decent profit. What we have to do is eliminate the greed quotient...
Sirica's unorthodox background probably helped him deal with the nation's unprecedented crisis. The son of a luckless Italian immigrant, he confesses that he sometimes lived beyond the law. Hired as a mechanic's helper in Washington, D.C., the pudgy 14-year-old discovered a way to make his job easier. Instead of completely cleaning out grease caps on the automobiles of 1918, he merely scraped off the top layer of old grease and applied a little new. Irate owners complained that their cars still squeaked. Before he could be fired, Sirica quit...