Word: contend
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...policy," critics can be expected to fault his attack on social and environmental problems as timid. Nixon cites "economic credibility" as a goal of his Administration, but the tiny size of his estimated budget surplus is likely to raise skeptical eyebrows both in and out of Congress. Some economists contend that the U.S. needs a budget surplus four times that large in order to check inflation and simultaneously provide enough monetary relaxation to revive the stricken housing industry...
When the Crimson takes on Princeton tonight, it may have to contend with the same scoring balance that Penn has. In the Tigers' 87-64 romp last month Harvard held Princeton's leading scorer, guard Jeff Petrie, to four points, but the Tigers' two forwards, Bill Sickler and Bob Ryder, ran up over 40 points between them...
More so. I wouldn't want anyone that I taught to go into the theatre. It's a hideous life. I think if I had ever anticipated some of the things that I would have to contend with, I wouldn't gone into it. But when you find yourself ten or twelve years at something, you look around and say "Jesus God, what else...
Penn Central executives contend that their line lost $73 million on passengers in the first nine months of 1969. The company will show an estimated $30 million in consolidated profit for the year, largely from its rich real estate operations; earnings will be down from $90 million in 1968. The Penn Central's $6.5 billion assets include four Manhattan hotels and a 24% interest in Madison Square Garden, real estate in Florida, Texas, California and Georgia, and a 7,600-mile oil pipeline system. Such holdings make many angry travelers skeptical about Saunders' protestation of poverty. Many...
Concentrated Power. Since 1963, Patman has run his banking committee like a fief. He often gets away with oversimplifications and half-truths because so few Americans, in or out of Congress, fathom the intricacies of finance. Many bankers contend that Patman thoroughly misunderstands how the U.S. banking system operates. They argue that some of his proposed reforms would yoke the Federal Reserve to policies of permanent inflation by depriving the board of its ability to take unpopular actions. Still, Economists John Kenneth Galbraith, Seymour Harris and several others support Patman's idea of placing the Reserve Board under presidential...