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Word: bootstraps (lookup in dictionary) (lookup stats)
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...objects to statehood (even if Congress were to agree to it) because it would undercut his successful Operation Bootstrap industrialization plan, which uses tax exemption to lure new industry. Under statehood, industry and individuals would have to pay U.S. income tax. Muñoz further fears that his Hispanic island would lose its cultural identity and its Spanish language-"would become only a whiff of vermouth in the martini instead of the olive." Statehood's proponents argue that it would give Puerto Rico six or seven Congressmen and two Senators, a voice in making federal laws and decisions that...

Author: /time Magazine | Title: PUERTO RICO: Question of Status | 4/13/1959 | See Source »

...Soviets have an air of dynamism, they asserted, because they have attained a position of equal power with the United States in only 40 years. This show of "Operation Bootstrap" contrasts with the look America gives, that of trying to "hold fast" instead of advancing forward...

Author: NO WRITER ATTRIBUTED | Title: Stevenson Hits Papers' Lack Of Information | 3/16/1959 | See Source »

Unless the Crimson can start the new year off with a victory, it faces a major bootstrap operation to stay in contention for an NCAA bid. Among the varsity's two losses and two ties was a 3-1 opening game defeat to Boston College, which has lost only to Clarkson...

Author: By John R. Adler, | Title: Hockey Weekend Includes Cornell, Russians, B.C. at Forum Tonight | 1/9/1959 | See Source »

...rejoice that "Operation Bootstrap" has been so successful, but let us not deny that Puerto Rico is a poor boy hitching a free ride in Uncle Sam's limousine. Some rich boys are also riding free-namely the U.S. corporations there. If freedom from income tax is so beneficial to Puerto Rico, by all means let us all enjoy it and extend it to our other possessions...

Author: /time Magazine | Title: Letters, Jul. 14, 1958 | 7/14/1958 | See Source »

...Operation Serenity restores old churches, houses and forts, rediscovers folklore and old music: Puerto Rico bursts with pride at being the home of such artists as Cellist Casals and the late Nobel Prizewinning Poet Juan Ramón Jiménez. But Serenity has not eased the pull on Bootstrap. Muñoz finally came around to the belief that "we must live like angels and produce like the devil...

Author: /time Magazine | Title: PUERTO RICO: The Bard of Bootstrap | 6/23/1958 | See Source »

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