Word: deferements
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...House, he asked: "How many of you would recommend tomorrow a tax in crease for the purpose of restraining our economy? Those of you that would, I wish you would raise your right hand." Not a hand went up. In that case, said Johnson, he would expect them to defer, stretch out or abandon at least $6 billion of a total of $60 billion in planned capital expenditures. Several agreed to try. Campbell Soup President Willam B. Murphy ordered aides to cut back on all capital expenditures except those that are "absolutely required," and not to be outsouped...
...President had already revealed that he had asked Lady Bird to buy cheaper cuts of meat for the White House. Now he confessed that they had long been planning to add "two little rooms" to their house on the L.B.J. ranch. "But I asked Mrs. Johnson last night to defer those two rooms. That is a little thing, but if everybody does that, it won't get too tight, it won't heat up too much, the economy won't get out of our hands, and prices won't go up 5% in the next five...
...would have to be a bipartisan effort." If that also fails, the nation's most heavily industrialized state will be unable to provide college space for several thousand new high school graduates or treat more than 1,000 retarded children now awaiting state care. It will have to defer badly needed highway construction, and deny the financial aid that its two major railroads need to maintain commuter service...
...noisy, protesting young appear more impatient than ever. They don't seem to want to wait for anything-going steady, or a better world. And yet the ever-lengthening educational process represents a major test of patience. Education is simply another form of what sociologists call "deferred gratification." When it comes to love, Americans of any age seem far less ready to defer gratification. Protracted courtship or drawn-out seduction never seems to have appealed to the American male, for whom Stendhal's celebrated ten-year wait to achieve success with the wife of a Milan shopkeeper...
McNamara has had his jousts with congressional committees before. But never have so many lances been pointed at him at once, and never by such aroused antagonists. Separate subcommittees will investigate 1) McNamara's decision to defer construction projects that he had requested earlier; 2) his plan to phase out two-thirds of the present heavy-bomber force by 1971; 3) all McNamara's research and development projects, present and pending; and 4) his policy of closing or reducing military installations that he regards as surplus. All this will be in addition to the normal annual series...