Word: deficit
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Dates: during 1960-1969
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...Moscow has clamped a news blackout on the subject. And apart from a routine one-line announcement of a new trade agreement, there was not one word about the huge $500 million pur chase of Canadian wheat and flour that the Kremlin hopes will make up much of the deficit...
...lights annoyed him when the set was perfect; poor acting upset him when the singing was glorious. With a board of directors that applauds him with rubber-stamp approval, an audience that regularly fills every seat, and a local gentry that promises in advance to make up the final deficit in his budget, San Francisco Opera Director Kurt Herbert Adler remains on the critical list...
...companies had just held the share of world sales they had six years ago, said the President, that would have been "more than enough to eliminate our entire balance-of-payments deficit." Greater export volume can also dramatically help the U.S. unemployment situation, since every $1 billion in exports means the creation of 150,000 new jobs...
...Turkey will be by far the Market's poorest sister. Two-thirds of its 30 million people are illiterate, more than 10% of its work force is unemployed, and per capita income averages $200. Foreign trade, which swings around agriculture, is in chronic deficit. This year Turkey will export $370 million-mostly in aromatic tobacco, cotton, hazelnuts, sultana raisins and Smyrna figs-but its imports will amount to $640 million, largely in machinery. With its population growing by 1,000,000 a year, while its capital markets remain skeleton-thin because of a lack of personal savings, Turkey sorely...
Shifting Ground. Some of Lasky's buckshot pellets do, of course, hit home. He is especially effective in documenting some of the inconsistencies of Kennedy's political career. "How long can we continue deficit financing on such a large scale with a national debt of over $285 billion?" Kennedy asked the House as a Congressman in 1950 before casting his vote to cut federal spending across the board by $600 million. Yet, under Kennedy, the federal debt has risen to $300 billion, and he has presented a 1964 budget deliberately in deficit by at least $10 billion. "There...