Word: boosts
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Dates: during 1960-1969
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...juggling the economy and foreign crises, President Kennedy last week ordered a step-up in U.S. deterrent and airlift capability, and asked Defense Secretary Robert McNamara to produce by month's end a full reappraisal of the U.S. defense setup. Along the way, Kennedy registered a solid boost in G.I. morale by rescinding Dwight Eisenhower's order calling for a cut-down in the number of military dependents abroad to slow the drain on gold...
...million they owe the U.S., provided that the U.S. take $187 million off that amount as credit for the estimated value of German assets seized by the U.S. in World War II. They would also agree to prepay about $350 million on current U.S. arms contracts and boost Germany's share of NATO housekeeping costs by $18 million. On paper, the total contribution came to about $1 billion, but practically all of it was money the U.S. was going to get anyway. In addition, the Germans quietly shelved the billion-dollar program of aid to underdeveloped countries that...
...Redstone burned too vigorously, developed 1,000 m.p.h. extra speed. This irregularity triggered the emergency system supposed to work in case of launching failure. The escape rocket fired, giving the capsule an additional boost of 800 m.p.h. The retrorockets intended to slow the capsule on its descent through the atmosphere came loose and separated. As a result of all these malfunctions, the capsule hit the sea 414 miles downrange, an error of 116 miles...
...already got unemployment and depressed areas -why make both worse?" Says University of Chicago Economist Yale Brozen: "Every time the minimum wage has been increased, unemployment of the unskilled, those covered by the increase, has increased.'' Brozen cites a study of Florida counties after the 1956 boost. For the twelve months of that year, employment in counties paying low wages dropped 1%, v. a rise of 5% in high-wage counties...
...minimum wage, the U.S. Labor Department made an exhaustive study of the effects of the 1956 increase, reported that only 62,000 workers in 15 low-wage industries had been laid off in the first impact of the $1 minimum-wage hike. The strongest arguments against a boost were made by the director of economic research of the U.S. Chamber of Commerce, Emerson Schmidt. But a survey he introduced to support his position granted that "in a majority of instances, the $1 minimum wage appeared to have little significant influence on unemployment, either in the short run or the longer...