Word: deficit
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Dates: during 1940-1949
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Harry Truman, who likes to balance his budgets, was not committing the government to a program of deficit financing, i.e., spending more money than it takes in. Not everyone agreed with his prescription, the President admitted, but his opponents were either "men of little vision" or spokesmen for the "selfish interests...
...conduct 64 courses covering everything from general farming to veterinary medicine and postgraduate research in genetics. Regular students, currently numbering 277 (including six well-chaperoned girls), pay only 220 cruzeiros ($12.32) a year for tuition, twelve cruzeiros (65?) a day for food. The ministry of agriculture makes up the deficit ($356,840 last year...
...President said, was to pump new life into the sagging economy with a series of Fair Deal measures to increase minimum wages, broaden social security, raise farm price supports through the Brannan plan. In essence, his program was a moderate dose of the old New Deal mixture: deficit financing, some brave whistling, some Government pump-priming...
Britain would give France ?40 million of drawing rights to cover the expected French deficit in trade with Britain. France by efficient production or persuasive salesmanship or by cutting purchases from Britain, might succeed in reducing its expected deficit from ?40 million to ?25 million. Under the old plan this reduction would give France no advantage within the OEEC system. Under the Petsche plan, however, France could transfer 40% of its British drawing rights to another OEEC country, for instance, Belgium. That way, the Belgians would wind up with part of the U.S. dollars originally allocated to Britain. In other...
First-night attendance at Giordano's little-known work was small: the company lost $5,000 on the performance. But thanks to Cincinnati's loyal music lovers, the "Zoopera" could afford such losses. Last winter, after the opera had accumulated a deficit of some $44,000, Cincinnatians subscribed to a whopping Fine Arts Fund to support the summer series along with the Cincinnati Symphony, the Cincinnati Art Museum and the Taft Museum. The opera...