Word: crucially
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Dates: during 1950-1959
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Caution & Hope. As the year began, every businessman knew that the dip in business towards the end of 1953 had raised a great question for 1954: How well could the Administration, with its growing set of economic tools, help industry to combat the drop? The test came at a crucial time for an Administration determined to balance the budget and get government out of business. With the Korean war ended, huge cuts in defense spending were due. Farm income had been falling for two years, and the Administration intended to dump the rigid-support prices that had lessened the slide...
Britain's House of Commons has already ratified. Iceland followed last week. In Italy, seeing that an overwhelming majority is for ratification, Communist Boss Palmiro Togliatti agreed to limit debate in the Chamber of Deputies, thereby presumably assuring ratification before Christmas. That left Germany and France as the crucial tests...
...bedeviled by the contradictions between its own deep anticolonial instinct and the fact that its most important cold war allies are the colonial powers. In the most important committee votes, the U.S. abstained. But the U.S. was primarily concerned that nothing be done to upset Western Europeans at so crucial a stage in Western rearmament. In the U.N.'s corridors and lounges, where the doubtful are influenced, U.S. delegation members worked to soften all proposals for provocative action in favor of postponement...
...that the President will now have an easier time dealing with his own party. The pro-Eisenhower half is more than ever warmly attached to him. There will still be the hard core of the extreme right-wing. But they are no longer in control of any of the crucial committees, the President does not have to appease them in order to carry his measures, and they are left with nothing much more than the right and the power to speak. In any event a chief executive above parties and factions is the only kind of executive which Eisenhower...
...primary cause will be inadequate aggregate demand. And there is no assurance that the economy, operating on its own steam, will generate adequate demand. Concerned as we must be with technical research and higher and higher levels of efficiency, we may not achieve our goal if we neglect this crucial requisite for growth and expansion. Foreign economies are often presented with different problems. But for the American Economy, the element of greatest uncertainty is the adequacy of aggregate demand...