Word: afforded
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Dates: during 1950-1959
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...high interest rates. Similarly, firms in a sufficiently monopolistic market to have some control over their own prices can pass along increased capital cost to consumers. Firms in the competitive markets, however, find themselves unable to borrow at current rates or to find funds even if they can afford it. The discriminatory influence of the policy can be seen in relative amounts of recent investment: between the last quarter of 1954 and the second quarter of 1956, firms with assets over $100 million have increased their gross investment by 16.6 per cent, while the figure for firms with assets under...
...Hotelman Christenberry (Astor, Ambassador) soon ran into difficulty finding either 1) a choler-provoking issue or 2) money. So uninspired were New York Republican leaders over mayoralty chances that contributions which should have gone to the city campaign went instead to the G.O.P. state and national committees. Unable to afford TV saturation of New York's 2,400,000 voters, Christenberry has contented himself with strained sidewalk handshakes and alliterative speeches. (Wagner, he said last week, was a "municipal Milquetoast" of "dynamic indecision, vigorous vacillation and intrepid inertia.") He has failed to make an issue out of crime, juvenile...
Equally naive and equally dangerous is the belief that this country is so prosperous and dynamic that anyone who really wants to can get to a private school and thus into a better college. The average family in this nation cannot afford to send a son to preparatory school...
...might have better missiles in production sooner. If supplies of money, scientific and engineering brainpower and research facilities were unlimited, the ideal missile program for the U.S. might indeed be to let all three services go on developing complete missile inventories. But with resources tightly limited, the U.S. cannot afford to let competition sprawl into scatteration and wasteful overlapping. In the post-Sputnik crisis, continuation of interservice rivalry can only be regarded as the easy way out. Some hard decisions must be made, and they must be made in the Pentagon and the White House...
...profound economic and political significance of this runaway human inflation is that the two-thirds of mankind who live in the world's underdeveloped countries are now multiplying twice as fast as in industrialized societies. To support the extra population these countries are least able to afford, they are forced to consume less and produce more, and are falling ever lower in living standards. Said Dr. A. Eugene Staley, Stanford Research Institute's senior international economist: "Despite all the vaunted technological and economic progress of modern times, there are probably more poverty-stricken people in the world today...