Word: crimping
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...tonic is expected to come from the U.S. Blaming the sluggish U.S. economy on a delayed reaction to last year's tight money policy, the OECD sees "a quite sharp pickup, particularly in the later months" of 1967. There are, of course, uncertainties: should lagging production severely crimp corporate profits and personal paychecks, a revival will be long in coming. If all goes well, the OECD countries can expect that "at least by the end of this year, a more normal rate of growth will have been resumed, which should then continue into...
...FINLAND. Helsinki's movie houses are doing big business, the reason being that Finns forsake more costly entertainment for the cinema when times get tough. Chief woes: tight money and the crimp in European markets for Finland's wood products, which account for 70% of all exports...
...careful consensus from leading economic experts on whether he should raise taxes: he insisted on signed memos of opinion from every person he consulted, both inside and outside the Administration. All agreed that a tax boost was in order. Some non-Administration economists argued that the crimp on income could brake the business slowdown to the danger point. But Johnson also asked for an average 20% rise in Social Security benefits. It was an unexpectedly large increase that will pump some $4.1 billion into the economy and may in fact bring enough new money into the market place to offset...
...Viet Nam was to the booming economy like too much beer to a weak bladder." Instead of raising taxes to finance the war and frustrate inflation, Johnson took the politically easy way out, left it up to Martin's Federal Reserve Board, and through it U.S. bankers, to crimp the nation's credit. The irony is that Johnson's party lost heavily in the elections anyway, and the President himself forfeited much of the faith of businessmen, who had earlier been his staunchest allies...
...them together, after they patched up an unseemly fracas over whether Lindsay had been rude to Kennedy, is a proposition on the November ballot for voter approval of Lindsay's new civilian-dominated police-review board, which has come under heavy attack by conservatives who consider it a crimp in police efficiency. Lindsay and Kennedy, together with New York's elder statesman, G.O.P. Senator Jacob Javits, have joined forces to support the board. It is the kind of impeccable cause that neither of the look-alike liberals can afford to pass...