Word: afforded
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Dates: during 1960-1969
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...seek the surtax. Listing rises in retail sales, personal incomes, housing construction and industrial production, an increase in inventories and order backlogs and a drop in unemployment, Martin found "clear and compelling evidence" of inflation. "An environment of rampant inflation," warned former Treasury Under Secretary Robert V. Roosa, "will afford little opportunity for the considered development of any national policy, domestic or foreign." Roosa forecast economic dislocation "bordering on chaos" unless action was taken soon...
Guns & Necessities. Instead, like many other Congressmen, the Ways and Means chairman argues that the President cannot afford to fight on two fronts, simultaneously battling the Viet Cong and domestic poverty, without making sacrifices. Johnson, echoed ranking Republican Committeeman John W. Byrnes, must tell the people: "We can't afford the gravy and the butter-we've got to get down to the guns and the necessities." Before he will change his mind, Mills insists that the President must slash billions from housekeeping bills and defer new projects, as the U.S. has always done in wartime...
...believes he must have to alleviate the nation's mani fold domestic ills. His reiterated as surance that the U.S. is rich enough to honor its commitments in Viet Nam and fight poverty at home reflects his conviction that regardless of the cost in treasure, the U.S. cannot afford to welsh on either...
...remained for the U.S. to hone speculation to its finest edge, and not surprisingly. "Of all the peoples in history," observed Economist J. Edward Meeker in 1930, "the American people can least afford to condemn speculation. The discovery of America was made possible by a loan based on the collateral of Queen Isabella's crown jewels, and at interest beside which even call-loan interest rates look coy and bashful. Financing an unknown foreigner to sail the unknown deep in three cockleshell boats in the hope of discovering a mythical Zipangu cannot, by the widest exercise of language...
...Chefs. To attract the VIPs, Mobutu spent $10 million that he could hardly afford. On a bluff overlooking the Congo River, he built an entire village to house the delegates, complete with four-bedroom bungalows, tennis courts, a swimming pool and even a miniature golf course. Thirty tons of food were brought in for the occasion, and stewards prepared to serve 600 bottles of imported wine a day to accompany the meals cooked by 20 imported Belgian chefs. While bands played such incongruous tunes as Marching Through Georgia, squadrons of police escorts roared down Kinshasa's boulevards all week...