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Dates: during 1970-1979
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Usage:

...November, the former Governor of Georgia had not managed in his three years in the White House. Through those first thousand days, Carter had stumbled and tripped, scored some victories, but lost his way many times. Under his Administration, the economy had worsened, with inflation moving to levels higher than any since the end of World War II and with the threat of a serious recession growing more real each week...

Author: /time Magazine | Title: Nation: Carter's Rousing Revival | 12/31/1979 | See Source »

After four days of dispute, the meeting in Caracas broke up with hard-line hawks such as Iran, Libya, Nigeria and Algeria planning to charge a minimum of $28.50 per bbl. and perhaps $30 or even more, while other cartel members said that they intended to go no higher than $24. All in all, the rises add up to a big increase over the OPEC official maximum of $23.50 that had prevailed since summer, the $18 that Saudi Arabia, the cartel's leading producer, had posted until two weeks ago, and the $12.90 that OPEC averaged a year...

Author: /time Magazine | Title: Business: OPEC Fails to Make a Fix | 12/31/1979 | See Source »

...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 of all was the intermountain West because it is a trove of oil, gas, coal, shale and almost all the increasingly precious energy resources. Construction cranes climbed like church spires in Denver, Salt Lake City and other booming communities...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

...Flint and other carmaking capitals. Also hurt were the industry's supplier cities: rubbermaking Akron, glassmaking Toledo, steelmaking Youngstown. Layoffs in the auto industry mounted to 116,000 workers (out of a total 765,400), and in steel to 45,000 (out of 466,859). Unemployment also ran higher than the national average in the metropolitan areas that live off heavier industries and old lines of commerce...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

...suicide that week, a contractor on the take, a pregnant girl who feels life stir within her, a teacher hiding his homosexuality. "The preacher pulls the little cord that turns on the lectern light and deals out his note cards like a riverboat gambler. The stakes have never been higher. Two minutes from now he may have lost his listeners completely to their own thoughts, but at this moment he has them in the palm of his hand. The silence in the shabby church is deafening because everybody is listening to it. Everybody is listening including himself. Everybody knows...

Author: /time Magazine | Title: Religion: American Preaching: A Dying Art? | 12/31/1979 | See Source »

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