Word: cushion
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Dates: during 1950-1959
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...Orleans boat builder (World War II PT-boats), demonstrated a new 52-ft.-10½-in.-long aluminum boat that can carry 30 passengers at 40 m.p.h. in rough waters. The boat's hull has a series of protruding edges angled to reduce water resistance and cushion pounding. Two 500-h.p. gas turbine engines power the craft. Price: about...
...Board fumbled the job, adding to the trouble. The Fed, which regularly buys 91-day Treasury bills as part of its normal operations, cryptically announced that it was "broadening" its open-market operations. This led many to believe that the Fed intended to buy enough long-term bonds to cushion the market; it gave courage to the market, attracted buyers back into bonds. But the Fed's purchases were limited to buying $1 billion of one-year certificates to aid the Treasury's July refinancing operation. As the effect of this wore off and hopes for more substantial...
...bounce-back stemmed from a combination of good luck and government help. Last year, when the economy was still riding high, hundreds of school boards and town councils voted to go ahead with building plans; work on schools, roads, city halls, sewers and hospitals got going in time to cushion the worst of the recession. The Tory federal government of Prime Minister John Diefenbaker also pitched in with spending so heavy that the new budget of $5.3 billion shows a deficit of $640 million...
...Though it cost only 7? at the base PX, it made a far more vivid indicator of the zero-gravity state than the electronic accelerometer in which the Air Force has invested millions. As my bottom, squeezed to insensible bloodlessness during the 4-g pullout, rose from the seat cushion, I felt the exhilaration of restored circulation (and noted the lasting aptness of the old barnstormer's motto: you fly by the seat of your pants). I "dropped" the sinker in front of my masked face. It stayed there, floating. The merest delicate touch sent it gliding, featherlike, right...
...well show that America, rich in private goods, is characterized by relative poverty in public goods. Public spending is now so heavily directed towards defense industries that funds for other government services are curtailed. But defense spending is neither an appropriate anti-recession measure nor, hopefully, a permanent cushion for an over-produced economy. To raise the weapons budget in times of depression will constitute an excuse for axing it during a boom, and there is, of course, some hope that the arms race can be restricted sufficiently to prevent over-emphasis on defense spending...