Word: wells
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Dates: during 1970-1979
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...Iowa, where the organization that Kennedy is building is sound and well run, campaign aides say supporters are growing disappointed with the Senator's poor performance and with his continued inability to give a crisp and convincing reason why he is running for President. The Iowa operatives are now saying that only a superior performance in the January debate against Carter in Des Moines can help them carry the state...
Similarly, 56% said that "inflation, high prices and the economy" were the main problems the country faces, but only 10% thought Carter has done well in dealing with these concerns. Kennedy ranked twice as high as Carter in people's confidence in dealing with energy and the economy. When Iran is no longer the chief concern of the voters, Kennedy will again have an exploitable issue with which to attack Carter...
Midway through the fourth day, the ministers called it quits. An exhausted Yamani pledged to hold Saudi prices firm at $24 per bbl., but he was well aware that the survival of the cartel was now in question. Said he, trying to put the best face on his defeat: "There will definitely be a [global] recession. We will notice a sharp drop in the spot market. Then there will be some sort of unification of price levels among OPEC members...
...deficit may well be swelled by a tax cut, if not in 1980 then in 1981. Congress has many ideas for reducing Social Security taxes; on Jan. 1, they will rise from $1,404 to $1,588 a year for anybody earning $25,900 or more. The Board of Economists expects that, in all, taxes will be cut by about $30 billion, including a reduction of some $10 billion for business, probably in the form of liberalized depreciation. Though such a move would increase the deficit at first, it would soon after pay dividends. By helping to sharpen the nation...
People in certain fortunate industries and regions will probably avoid adversity, as they did in 1979. Those in the Southeast generally did well because the region's beneficent climate and low wage rates continued to attract business. The Southwest surged because its oil and natural gas were in heavy demand. Farmers in the Midwest grain belt and the far West prospered, largely because a hungry world increased its call for what America produces best: food. Average farm incomes increased 117% from 1970 to $23,263 per family in 1978 and are higher now. The region that fared best...