Word: cushion
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Dates: during 1940-1949
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...partly in bonds rather than cash. This would keep prices from rising in the wartime world when income soars while output is shifted to defense needs; and, in the post-war slump to be expected when the armament program is abandoned, the payment of these bonds would provide a cushion of consumer expenditure. England has already put the plan into effect by promising post-war rebates of the new taxes on low income groups. The full Keynsian program will go into effect this fall...
...Instead of taxing away all this excess, Keynes's plan would tax only part of it, impound the rest into savings accounts.' After the war. these compulsory savings will be returned with interest, giving war workers a stake in the Peace and also providing a cushion of consumer spending for the post-war slump. Only alternative, besides runaway inflation, says Keynes, is to peg the price of everything as Germany has done...
...month, this would come to $240 a year, or considerably more than most of the trainees (or their families) have been able to save in a year. At the rate of 1,000,000 trainees a year for five years, a cushion of $1,200,000,000 of deferred purchasing power would have been stored up under the economy...
...installment buying has helped push up the production curve. But following depressions have been deepened because consumers had past obligations to meet, thus had less current purchasing power. This time the Administration's goal is to suspend salary-hocking while the defense boom lasts, restore it to cushion the effect of the collapse which will follow...
Mild was the temblor felt in Mexico's capital compared with the spasm that shook provincial cities. Mexico City, reclaimed from swamp, rests on a shock-absorbing cushion of mud. The earthquake's center was on the Pacific Coast, between Manzanillo and the beach resort of Acapulco. From there it spread fanwise through the hills, north to Jalisco, south to Oaxaca...