Word: weres
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Dates: during 1960-1969
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Investors were depressed by the fading of the unrealistic Viet Nam peace hopes that they had held in the spring, and more recently by warnings of a forthcoming economic decline. The worst depressant in the market undoubtedly has been tight money. The market frequently falls before recessions and rises when...
The pastime is a wry reaction to a far more serious numbers game. As fast as incomes rose, the price of necessities seemed to rise even more steeply in 1969, and few wage-earners felt that they were better off than when the year began. An inflation sampler:
MANUFACTURED GOODS. Appliances cost more across the U.S. The price of a new car rose by an average $107. Clothes were more expensive almost everywhere, and rose an average 10% in Boston. Men's neckties commonly went up by 50? or $1-or more.
MEDICAL CARE AND PHARMACEUTICALS. In the year's first ten months, the price of medical care-doctors' bills, hospital services and drugs-rose by 5%. In Boston, a hospital bed could cost $85 a day, $10 more than last year, and the price of dental care advanced from...
ENTERTAINMENT. Movies were more expensive, up 25? per ticket in Manhattan's Radio City Music Hall. The cost of watching a Pittsburgh Steelers home game rose from $6 to $7-plus a 15? surcharge to help pay for a now abuilding stadium, whose estimated price increased from $32 million...