Word: bustingly
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Faced with an economic situation showing an increasing tendency to mature into the boom-bust cycle that has always threatened American business, the persons most in touch with events, the business community, have shown little indication that they are willing to deal with the problem in a manner inclined to insure confidence in the future prosperty of the nation. Although a few concerns--Ford, International Harvester, Chrysler to name some--have cut their prices, most have refused to talk about any slashes in their goods until wage negotiations have been completed, and they have swallowed the union's annual...
Pained indeed to read [TIME, March 3] that Tom Paine's niche in the Hall of Fame still lacks a bust...
...exception of the always exceptionable coal miners, there had not been a major new strike in six months.* But labor could not sit still forever. Labor figured that if prices stayed up any longer, wages would have to go up. And if another spiral plunged the nation into a bust, then industry would have to answer for it. To a large degree, labor was right...
...right track. We are restricting our credit policy because we don't want inflation. Our shopkeepers have made huge profits in the last two years. They laid in stocks, believing that prices would continue rising. Now they are caught in their own greed. Some shopkeepers may go bust; I cannot help it. But when a depression comes, it will find us prepared. Our measures may be strong medicine, but they are healthy...
...double exemptions to help the low-income group. The fracas had ruffled the G.O.P. leadership itself when Illinois' Leo Allen, Chairman of the Rules Committee, threw in a plan of his own. Allen would give the little taxpayer a 20% cut, the big fellow less. Laughing fit to bust, Tennessee's Albert Gore gloated: "The Republicans are stuck in the mud of confusion and hanging on the hook of irresponsible promises...