Word: costs
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Dates: during 1940-1949
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...Committee for Old Age Pensions (TIME, Sept. 5) despite support of the plan by politically ambitious Jimmy Roosevelt. The new law will leave pensions at the increased level (average: $70.63 a month) which McLain pushed through a year ago, but will shave $65 million off the $200 million annual cost by boosting the retirement age from 63 back to 65. It will also make relatives who can afford it responsible for the old folks once more...
Political Passion. Ever since the tragic Bogota uprising of April 9, 1948, Colombia had been drifting toward just such a moment of force. Liberals, having healed the division that cost them the presidency in 1946, used their congressional majority to push the election date seven months forward in expectation of victory. The Conservative reply, in an atmosphere hot with political passion, was to choose their most inflammatory rightist, Franco-loving Laureano Gomez, as their nominee, and to throw every government resource into his campaign...
...land targets had become very vulnerable. One lesson of World War II, says Bush, is that "bombardment of enemy cities in the face of determined defense, as the sole means of bringing victory over a foe of equal or comparable strength, was a delusion, and not worth the extreme cost and effort it entailed . . . [In the future] no fleets of bombers will proceed unmolested against any enemy that can bring properly equipped jet pursuit ships against them in numbers, aided by effective ground radar, and equipped with rockets or guided air-to-air missiles armed with proximity fuzes . . . The days...
...Fantastic Cost. What would War III be like? Bush finds no ready answer. It would not be as easy as some optimists like to think, nor as dire as others predict. "For a long time to come," at least, there would not be fleets of fast and high-flying intercontinental bombers. The atom bomb would be dropped, but it is not the abso lute weapon it has been said to be. It is not even as devastating as popularly supposed, says Bush. The costs of manufacturing and of delivering it would be so vast that they might well exhaust...
Accent on Accents: There are too many Phi Beta Kappa members in government service, Senator Karl Mundt, South Dakota Republican, told newspaper executives in Chicago. "I shudder to think what the boys with the Harvard accents have cost the country in the last sixteen years," Mundt said, shuddering. Newsweek, October...