Word: cushioned
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...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...
...sixth as strong as the earth's, which means that unless a spaceship is braked in some way, it will hit the moon's surface at 5,000 m.p.h. Since the moon has no appreciable atmosphere that can be used for braking, the ship will have to cushion its fall by burning precious fuel in its rocket engine. To take off from the moon will cost fuel too, about one-sixth as much as was needed to escape from the earth. So an earth-to-moon spaceship will have to carry a very large payload of fuel...
...Bunk." The most serious worry for 1958 is the Government's continuing tight-money campaign in the face of an economic slide, however slight. Speaking before the American Finance Conference in Washington last week, White House Economic Advisor Gabriel Hauge assured businessmen that the Administration is ready to cushion any downturn with "flexible policies, adapted to changing conditions." It was flatly untrue, said Hauge, that the Government was out to cause a "little recession," to keep the economy healthy. "I want to label that for what it is-pure bunk. Nor does this Administration believe that a little inflation...
Expressing regret at what has happened to his favorite game ("It's down now where bowling used to be"), William Frederick (Willie) Hoppe (rhymes with poppy), former world champion of three-cushion billiards, celebrated his 70th birthday in Miami retirement...
...Built-in Cushion. Most other plane makers admitted to austerity, but they were not alarmed. Washington had tipped them months ago to the coming cutbacks, and they had slowly geared for them. To cushion the drop in F8U production, Chance Vought is counting on missile contracts for its Regulus and heavy orders for a faster, improved all-weather F8U, which it now has on the drawing boards. Douglas figures that its $2.5 billion backlog and its big business in missiles and commercial jets can easily absorb the slack of the Skyhawk stretch-out. And to help offset the stretch...