Word: timely
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1970
Sort By: most recent first
(reverse)
...trophies mean nothing in themselves. All that counts is a player's potential for prospering in the brutal world of pro football-a survival test that is measured in size, speed, strength and skill, plus a certain intangible that pro coaches like to call "desire." That is how TIME has chosen its All-America Team since 1958, and those were the criteria for the choices...
...pass. He has the height to see over mountainous linemen and the speed (10.2 sec. for the 100-yd. dash) to turn the ends for long gainers. Beyond that, he possesses that rare quality that marks all great quarterbacks: the instinct to call the right play at the right time...
Spasm of Cost Cutting. When 1970 began, few corporate chiefs foresaw a slowdown as great as the one that occurred. They reacted with a spasm of cost cutting, which Federal Reserve Chairman Arthur Burns calls "more widespread and more intense" than at any time since World War II. Unprofitable products were dropped, inefficient factories closed, research projects curtailed, advertising budgets pruned. It was the year of the layoff. Labor hoarding gave way to payroll paring at every level. Liaison men, coordinators and other functionaries with fuzzily defined duties proved to be particularly vulnerable. Layers of superfluous executives, built up over...
...minicars and fast-increasing imports (now 15% of the U.S. domestic market). Restive dealers grumbled over what they considered to be excessive factory control, reductions in their price markups, and the "dumping" of unwanted cars on their sales lots. Discontented customers demanded more reliability and easier repair-at a time when management found it increasingly hard to maintain quality output in their plants, in great part because of worker unrest. The eight-week strike against General Motors made a weak year even worse. In 1970 the U.S. is expected to produce 6,550,000 cars, down from...
There were many other causes of business distress. While consumer demand for goods and services softened, U.S. labor's demands for more wages and fringes hardened. The nation lost more working time through strikes-60 million man-days-than in any year in the past decade. Major union contracts negotiated in the first nine months of 1970 called for annual increases averaging 10%. In a modern form of highway robbery, the militant Teamsters imposed a 15% increase, thus setting a target for the rest of organized labor. To head off what could have been a nation-paralyzing strike, Congress...