Holy Cow! Historical past: Whipping inflation, 1974-style

“… The wholesale price index – a harbinger of what’s to come on the consumer front – was up a staggering 2.3 percent last month. As a result, the wholesale price rose to 22.6 percent last year, the highest rate in a quarter century and nearly double the increase in family living costs.”

Sounds like news snatched from today’s headlines. Those words came from a news article, all right – the New York Times, November 17, 1974.

Almost 50 years ago, America was economically in the same boat as it is today. The phrase “runaway inflation” entered the nation’s vocabulary as retail prices rose, then rose a little further, and then rose again. Worse, it seemed like there was no end in sight. Inflation had arrived, taken root and decided to stay for a while.

Over time, ever-rising prices led to the birth of another term: the “misery index.” It combined inflation and unemployment rates to catalog the damage both were doing to Americans.

Politicians are overly sensitive to economic inconveniences. With confidence in the government badly eroded by the twin debacles of the Vietnam War and the Watergate War, Washington seemed unequal to the task of fighting a serious enemy on the financial front.

Then the only president who was never elected president had an idea.

We could beat inflation by wearing buttons. No seriously. He has.

Gerald Ford was DC’s original Mr. Nice Guy. A star Michigan collegiate football player and World War II veteran, he was elected to Congress in 1948, rose through the Republican ranks, and eventually became minority leader in 1965. His dream was to end his career as Speaker of the House of Representatives. But with Democrats firmly entrenched on Capitol Hill, that seemed unlikely. (In fact, the GOP would not reclaim the house until 1994). Ford seemed destined to spend his days being just another guy in a gray flannel suit.

Then fate came into play. When President Nixon’s vice president Spiro Agnew resigned from his previous tenure as governor of Maryland because of sleaze, Ford was elected vice president. When Nixon was forced to walk the plank over Watergate, fate smiled again.

Originally popular with the public and pundits alike, President Ford’s popularity suffered a severe blow when he pardoned his predecessor for any crimes Nixon might have committed during his tenure. His approval ratings fell just as quickly as inflation drove up prices. Barely 60 days in office, Ford knew he had to act quickly to keep his presidency from sliding into a ditch.

This is where the WIN button comes into our story.

As October 1974 dawned, the new president launched his campaign to rally ordinary Americans to fight inflation. He asked her to send him her 10 suggestions to stop rising prices. (That was way before David Letterman’s top 10 comedy lists, remember.)

This was followed by a gimmick. At a joint session of Congress on Oct. 8, many Americans expected to hear details about his plans to slash back higher prices. But when they turned on their TVs that night, they saw that their president wore a bright red button with “WIN” in bold capital letters.

WIN, Ford explained, stands for Whip Inflation Now. He sought to revive the spirit of public support that had made the war effort so successful some 30 years earlier during World War II. He encouraged all Americans to wear WIN buttons as a show of solidarity.

However, the baby boomers and their Greatest Generation parents were in no mood for sacrifice. This time Hitler and Hirohito weren’t lurking offshore. Americans saw their hard-earned dollars go to faceless big business and corporations. And they wanted Washington to oppose them, rather than planting gardens and carpooling, as Ford has suggested.

Economists politely pointed out that such small public moves would do little to dampen inflation. Comedians had a great day. They drew big laughs by wearing the button backwards and explaining that “NIM” stands for “No Immediate Miracles”.

The Whip Inflation Now campaign died a quick death, killed by a combination of laughter and indifference. WIN buttons quietly went the way of Edsel, New Coke, and other classic marketing Hindenburgs.

You can still find them for sale on eBay and in antique stores.

But you’d better grab one quick; With Washington’s “spend like there’s no tomorrow” reckless fiscal policy bringing inflation back to life, its price will soon rise.

Holy cow! The story is written by writer, former television journalist, and die-hard history buff J. Mark Powell.

Michio Kaku calls nuclear fusion check at nationwide lab ‘large step towards the holy grail of power analysis’

Theoretical physicist Michio Kaku praised a recent nuclear fusion experiment at Lawrence Livermore National Laboratory.

“This is a huge step towards the holy grail of energy research,” said Kaku, professor of theoretical physics at City College and the City University of New York. “To break even, to gain more energy than you invest, and that could end up being a game changer.”

The Lawrence Livermore National Laboratory announced a major achievement in nuclear fusion, the it had back on August 8th, was able to use 1.3 megajoules of energy at its National ignition system, albeit very briefly. Kaku told CNBCs “The news with Shepard Smith“that the achievement was a huge step towards clean energy.

“A fusion reactor is carbon neutral, it does not produce carbon dioxide, it does not produce large amounts of nuclear waste, which is found in nuclear fission plants with uranium, it does not melt,” said the author of “The God Equation: The Search for a Theory of Everything.” “The fuel is sea water, hydrogen from sea water could be the base fuel.”

merger, the lesser known and opposite reaction to fission, is when two atoms collide to form a heavier atom and release energy. This is how the sun generates energy.

Kaku explained some of the disadvantages of nuclear fusion and why it is not currently an easily accessible source of energy.

“It turns out that when you heat hydrogen to tens of millions of degrees Fahrenheit, the temperature of the sun, things get unstable, and so this reaction took place for over a hundred trillionth of a second, just a snap of your fingers, so in other words, us want to have a continuous flow of energy, not bursts of energy like we found here, “said Kaku.

Brooke Shields would not have a holy grail magnificence product | Leisure

Brooke Shields doesn’t swear by a beauty product.

The 55-year-old actress prefers to have lotions and potions in her skin care routine that keep her skin clean and hydrated rather than just having a Holy Grail product.

When asked what her essential beauty product is, she said to Byrdie, “Cleanliness. As long as I keep my skin clean and hydrated. Honestly, I don’t swear by any particular thing. Really, it’s anything that isn’t chemical.” something that is super moisturizing. But the main thing is to keep myself hydrated. I’ve noticed that the elasticity that comes with hydration is really what I need.

“While I love vitamin C, I’ve found that products with vitamin C really help keep the dullness off of my skin and refresh it. It doesn’t matter to the brand as I don’t have a favorite yet. I only got it recently discovered. “

However, the “Chalet Girl” star admitted she refuses to live without moisturizer after her mother cemented the importance of healthy skin on her from a young age.

She explained, “Honestly, it’s so boring, but it’s all about moisture. It’s a lot easier to apply makeup to a damp, supple face or skin. The drier or dehydrated I am, the older I look and I really need to be careful not to just hydrate from the inside but also the outside. I grew up with my mom and said, ‘Moisture, moisture, moisture.’ “

Brooke, who has Rowan, 18, and Grier, 15, with husband Chris Henchy, is more likely to opt for thicker moisturizers, which make her skin feel so creamy that her kids don’t like to touch her face.

She continued, “I like thicker, richer creams because I feel better mentally. I don’t know if that’s true, but I like the feel of my skin. My kids will say they don’t want to kiss me because I feel too much Got stuff on my face. “

Holy Smoke & Grill House-Model BBQ | Tuesday Pickup in Murrieta!

This post was written by a community member.

Pitmaster Royce from Holy smoke & grill specializes in some of the best smoked BBQ in Murrieta. He will offer his menu this tuesday to the Pick-up from the roadside from 1 p.m. to 7 p.m. in Murrieta. The full menu and pre-order can be found on Foodnome ? https://foodno.me/holy-smoke

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? Holy Smoke & Grill is a county legal restaurant located near the corner of Whitewood Rd & Keller Rd in Murrieta. General location is shown within a half-mile radius on the map in the order link above. The exact address will be given after the order is completed to protect the privacy of the chefs. Enjoy!

Current customer rating:
“Brisket, Tri Tip and Ribs were cooked to perfection and absolutely delicious with a rich smoke flavor. I can only recommend Holy Smoke and Chef Royce!”

Holy Smoke & Grill House-Model BBQ | Wednesday Pickup in Murrieta!

This post was written by a community member.

Pitmaster Royce from Holy smoke & grill specializes in some of the best smoked BBQ in Murrieta. He will offer his menu this Wednesday to the Roadside pickup from 12:30 p.m. to 7:00 p.m. in Murrieta. The full menu and pre-order can be found on Foodnome ? https://foodno.me/holy-smoke

— —.

? Holy Smoke & Grill is a county legal restaurant located near the corner of Whitewood Rd & Keller Rd in Murrieta. General location is shown within a half-mile radius on the map in the order link above. The exact address will be given after the order is completed to protect the privacy of the chefs. Enjoy!

Current customer rating:
“Brisket, Tri Tip and Ribs were perfectly cooked and absolutely delicious with a rich smoke flavor. I can only recommend Holy Smoke and Chef Royce!”