Word: burping
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Dates: during 1940-1949
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...said he, was like a baby who had been taking the bottle too fast; it had to have a chance to burp. The big question was: "Is it going to be just one little burp, or is it going to be a chronic hiccup which is going to kill baby...
Economist Kaplan thought it was going to be just a little burp. So did General Electric Co.'s Chairman Philip D. Reed, who thought that the danger from inflation was past, and that the economy is undergoing a "healthy readjustment." President Truman's demand for price and wage controls, said Reed, "just cannot and should not be considered at this delicate period of readjustment.* [It would] give our Government a great deal more power than the Labor government in England has even asked for." (At the White House, President Truman said that even though some prices were leveling...
...long been a middle-of-the-road economist who sometimes seems to be trimming his square-rigged economic sails to the Administration's wind. He neatly dodged predicting either inflation or deflation. What the country was going through, he said, was "disinflation" (a five-dollar word for burp). It was quite a different thing from deflation, he explained. Deflation means a collapse in the price structure, but "disinflation" merely takes the upward pressure off prices.* Everything would be all right, he said, if the public would avoid the jitters "over the healthy" decline in prices going...
Radio dreads the verbal burp; television, the unbuttoned button. Last week, television preserved the decencies just in time by shutting its eyes. True to the old code, it apologized by explaining that it was a cinder, or something...
...Michigan, four-term Congressman Bartel J. Jonkman (pronounced Yonkman) was defeated in the week's biggest upset. A bitter-end G.O.P. isolationist who liked to refer to ERP as "Burp," Jonkman had always received most of the Dutch vote in the fifth district's "Little Netherlands." This year he did not bother to do much campaigning. His opponent, Gerald R. Ford Jr., 35, did. A Grand Rapids lawyer and onetime University of Michigan football star, Ford had hundreds of volunteers pushing doorbells for him, time & again dared Jonkman to debate his foreign-policy stand. Jonkman refused. Back-slapping...