Word: absorbate
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These changes do not mean that concentration in History is by any means easier than it was before. A good memory and capacity to absorb a lot of material and spew it forth onto a blue book is still the most valuable asset to a History concentrator...
...output 21.7 points in two weeks. At 95.5% of capacity this week, production was still climbing. Although the coal settlement had added anywhere from 10? to 25? to the cost of producing a ton of steel, the steelmakers, wary of Congress' watchful eye (see below), apparently planned to absorb the cost and not hike prices...
Despite the boom, there were dark spots. Unemployment was up to 4,684,000 in February as reported by the Department of Commerce. This was due less to a drop in jobs than to the fact that the economy was not expanding fast enough to absorb the estimated 1,500,000 annual newcomers in the growing labor force. Easter shopping had also been disappointing for department stores; soft goods were moving so slowly that textile mills saw trouble ahead...
...exports; the U.S. took & received about one-third. At war's end, with Europe unable to resume its customary trade, U.S. exports to the Latin American market climbed to a peak of $4 billion in 1947 compared to Europe's $1 billion. But the U.S. could not absorb the same proportion of Latin America's exports. The result was a terrific dollar shortage throughout Latin America...
...insisted that he hates deficit spending as much as Harry Byrd, but that the present red-ink budget is only temporary. Besides, there wouldn't be any deficit spending if the Republican Congress had not cut income taxes. His overall objective was steadily to expand the economy to absorb the million and a half young people who come into it annually and such expansion would in itself wipe out the deficit by increasing national income. This cannot be done without the measures outlined in the Fair Deal...