Word: afforded
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Dates: during 1950-1959
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...dealing with the recession is by means of a tax cut for lower-and middle-income groups, i.e., those groups which tend to spend almost all their income. Such a tax cut would be fed into the economy almost immediately. It would stimulate demand for goods and services, afford the best hope for stopping the current economic recession, and help to start an economic upturn. Public works are too slow. And even if taken off the shelf quickly, and even if built in the right localities, public works generally do not directly employ those who have lost industrial jobs...
Said Green in the brief: "I believe Judge Murphy is personally prejudiced against me by reason of our long and close political and social relationship and that by reason of his desire to prove his integrity and lack of favoritism, he will not afford me a fair and impartial trial." The prejudice, added Green, arises out of the "many favors I have done for him and the obligations he owes me," e.g., on Judge Murphy's request, Green arranged with the Army to have Murphy's G.I. son transferred from Germany to Paris, plus the fact that...
...Face-Saver. Bourguiba's ultimatum, with its implicit threat that Tunisia would turn against the West unless he got his way, was an overt attempt at blackmail. And international blackmail is something which neither the U.S. nor Britain can afford to pay even once. Gloomily, many a chancellery and much of the world's press concluded that the three-weeks-old Anglo-American effort to mediate the quarrel between France and Tunisia was headed for failure...
...devotion to Gandhian principle is almost autocratic. As Bombay's Chief Minister, he decreed that all schoolchildren must use cheap penholders so that those too poor to afford fountain pens would not suffer from a sense of inferiority. Despite Nehru's objections, he saddled Bombay with a prohibition law that has cut deeply into government revenues, turned bootlegging into big business. To charges that he was arbitrarily imposing his own standards of morality on his fellow citizens, he replied: "I am not trying to reform anybody. I am merely trying to remove temptation...
...business slump continues, taxes will be cut. But how much and when? Some economists argue that the U.S. cannot afford the $6 billion to $8 billion yearly loss to the Government of the tax-cut packages so far proposed, especially since the Government expects to run into a $4.5 billion deficit in fiscal 1959 without a cut. The answer of tax-cutters is that a cut eventually generates new revenue by stimulating economic activity; for example, the Government lost some $5 billion yearly in revenue when it cut taxes in 1954, but within a year, as the tax cut helped...