Word: buttering
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Dates: during 1960-1969
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...seeking to raise prices. Rather, he criticized the Johnson Administration for trying to fight the Viet Nam war even while refusing to cut down in any way the spending it deems necessary for achieving the Great Society at home. It is, said Blough, the cost of such guns-and-butter Government spending that "can be disastrous and produce the wage and price explosion which neither guidelines nor controls can permanently prevent...
...precedence over financing the Great Society and the War on Poverty. The philosophy behind having Great Society and Poverty programs at all, as well as the urgency which President Johnson himself has attributed to them, contradicts this concept of priorities. The choice, often pictured as one between guns and butter, is as Walter Lippmann has said, "between raising taxes and neglecting the future." But even if one ignores the question of priorities, the budget still appears unrealistic. According to Administration plans, tax revenues should increase by about $6 billion. If the GNP for 1966 is above the estimate...
...period of experimentation that gives us a clue to many of his later ambitions. His interest in historical themes, and in the extensive anatomical research (see below) that forms the groundwork for that genre, is clear in these works. But in America artists had to seek their bread and butter in portraiture, and Copley was forced to abandon his ambitions as a painter of history until his emigration to England...
...Price of Fat Dogs. Deutschmarks never change hands in the ransom deals. Ulbricht & Co. prefer to tap the cornucopia of West German industry for trucks and spare parts, and coffee, butter and citrus fruit, which East Germany considers "luxury" consumer goods. With time, a pricing system has evolved. Young prisoners such as Zippel and Trochim can be sprung for 15,000 Deutschmarks ($3,750), while the dicke Hünde (fat dogs) convicted of subversion and espionage pull down as much as $10,000 apiece...
...North American dropped to second in sales ($2.01 billion) and third in profits ($45.8 million, behind both Boeing and Lockheed) in 1965. North American's bread and butter is space-NASA's Apollo moon vehicles, Saturn space boosters, Air Force rocket engines and missile-guidance systems. But its fortunes started skidding in 1964 when the Government canceled development of the XB-70 supersonic bomber, into which the company had plunged $1.4 billion. Now the escalation of the Viet Nam war is bringing cutbacks in NASA spending, and North American is not even in the running...