Word: yardsticks
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...philosophy of the House system exists at all, manifest themselves at each planning crisis--whether consideration is being given to new programs and experiments or administrators are planning to change the levels of House programs' subsidies. Rarely can projects be definitively assessed, since no one is certain by what yardstick the success of an activity in the Houses is to be measured...
Worn Welcome. Meanwhile, one of the fonder dreams of C. Jackson Grayson, chairman of the Price Commission, was realized with stunning speed. When he announced a 21% yardstick for price increases in November, Grayson said that he hoped that some prices would go down while others went up. Last week, after several days of unpublicized price fighting in the steel industry, U.S. Steel Corp. announced that it will reduce prices $5 to $25 a ton on several major products, including some that the company had been given permission by the Price Commission to increase. As a result, the price hike...
Perhaps not, but neither the wage nor price decisions of Phase II's first two weeks provide much cause for celebration. There is justification of sorts for early adjustments that exceed the Administration's yardstick: some involve hardship cases and contracts that became binding before Phase II began. But what the public desperately wants to see-and what the President's pay and price officials must provide-are some tough decisions that measure up to the yardstick...
...Guideline" has become something of a Democratic economists' buzz word, and the Nixon White House prefers "yardstick." Indeed, the White House is proudly passing out 36-in. wooden rulers bearing the motto: "Follow the Yardstick to a New Prosperity...
...liking second-rate films more than he should. Nonsense, he says. "You can take any film and criticize it for what it is not. But I believe each movie has to be judged on the level of its own ambitions. If you try to apply the same yardstick to the new Godard and the new John Wayne [two of his alltime heroes], you're probably missing the point of both films...