Word: bootstrapping
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Dates: during 1938-1938
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English snobbery made her fume, but she later decided a rigid caste system had the good result of making modest-income people immune to success stories, and hence to U. S. "bootstrap hysteria." "A good deal in England makes the blood boil," says Author Halsey, "but there is not nearly so much occasion as there is in America for blood to run cold"-meaning lynchings, gangsters, etc. As between good and bad Englishness, Author Halsey calls it about a draw. "Living in England," she concludes, "must be like being married to a stupid but exquisitely beautiful wife. Whenever you have...
...Social Credit is British Major Clifford Hugh Douglas. The Douglas economic organization is a federal credit system in which the state supervises production and distribution and compensates for the differential between production and consumption by issuing money against the state's natural resources. Three years ago, this economic bootstrap-hoisting act was embraced by "Bible Bill." He entered the Alberta lists with a vigorous campaign which wedded radicalism with evangelicalism. He emerged with 56 Social Credit seats of the 63 in Alberta's Legislative Assembly and the premiership. But even with this overwhelming majority, "Bible Bill...