Word: curbs
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Dates: during 1970-1970
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...made the alarm at the Cambridge Armory went off. Also the major Boston newspaper distributor delivered only 25 Sunday Globes one week, then 30 another. Last week a police sergeant, armed with a ruler, came to check the legality of their street stand. "We were close enough to the curb but our competitor wasn't. It was a small victory for us," Procopio said...
...idea that unemployment is necessary to curb inflation is often regarded by politicians as too shocking to be uttered out loud. During the 1968 campaign, Richard Nixon promised to stop inflation while throwing exactly three Americans out of work?the three members of Lyndon Johnson's Council of Economic Advisers. That partisan hyperbole encouraged the illusion that inflation can be stopped painlessly. It cannot. Whatever else the Government does, it must tighten spending and credit policies in order to wring excess demand out of the economy. Removing the excess inevitably bounces the marginal workers back onto the streets again...
...Following Nixon's advice of working in the American electoral system, my spirits have been uplifted by the recent elections. The fabled Silent Majority wielded its power of the ballot to remind Nixon that he has failed to fulfill his mandate to stop the war, end the draft, curb inflation, bring peace and freedom to Middle Americans, etc., ad nauseam...
...years of one-party rule. Meskill, a former mayor of New Britain, came across forcefully on television. His opponent, Representative Emilio ("Mim") Daddario, who was once mayor of Middletown, "went through the campaign like a mummy," as one politico put it. Meskill accused the Democrats of doing nothing to curb drug abuse, which a specially commissioned G.O.P. state poll called the top issue on voters' minds. He capitalized on the $200 million deficit that Connecticut faces despite a sharp sales tax increase...
Nixon thus will be sorely tempted to shift policy and give an extra boost to production, profits and jobs by allowing Government spending to rise still higher. Some Administration officials think that such a course would risk starting again the price spiral that the U.S. has only begun to curb, but they are frankly afraid that the boss will do it. Nixon and his advisers, says one Administration economist, "discovered that inflation started slowing down after the economy slowed down. Now they may do the reverse: speed up the economy and let the inflation come afterward-after the 1972 elections...