Word: absorbed
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Friedman, the board reversed itself too emphatically, and caused the "credit crunch" of August 1966. In 1968, the board, fearful that the tax surcharge would overburden the private economy, increased the money supply at an average annual rate of 10%?almost twice the rate that the economy could absorb without inflation. Then, a year ago, the board switched to its restrictive money policies. Six to nine months after these gyrations occur?and sometimes much later?they significantly affect the performance of the whole U.S. economy...
...consumer spending, probably deny the Nixon Administration a budget surplus as a means of cooling off the economy, and throw the whole burden of combatting inflation onto a continued tight-money policy-to the distress of both home buyers and businessmen. In the longer run, a tax cut would absorb much of any "peace dividend" from lower spending on Viet Nam, thus dissipating funds that are needed to meet the pressing needs of the cities...
...synthesize the Kuomintang? Didn't we take enemy personnel and reform them? Some of them we released, but the majority we took into our forces. Eating is also synthesis. When you're eating crab, for instance, you eat only the meat and not the shell. The stomach absorbs nourishment and expels waste. You gentlemen are all Western philosophers, while I'm a native philosopher. The synthesis we applied to the Kuomintang was to eat it up, absorb the greater part and expel the smaller part. This is what we learned from Marx...
...fire did burn us. Like so many others, we wanted merely to watch , to absorb the eerie scene of militants breaking windows and dodging police under flourescent lights. As it turned out, all we did was get gassed. Gassed three times. We returned again and again to see what we could see. We never saw anything...
Richard J. Olendzki, assistant dean for financial affairs at the Medical School, added, "Although we don't know how much the cuts will be exactly, it's obviously going to hurt and we're anxious about it." Olendzki said, "Optimistically, we'll be able to absorb much of the cut's effect...