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Word: deficits (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Usage:

...month before Franklin Roosevelt's $8,995,000,000 1940 budget appeared, conservative Democrat Harry Flood Byrd of Virginia issued an anticipatory blast at continued deficit financing. Federal Reserve Chairman Marriner Stoddard Eccles replied to him in a letter that filled three newspaper columns (TIME, Jan. 2). Last week as Congress took a savage nibble at the President's special Relief budget (see p. 77), Senator Byrd replied to Mr. Eccles in six newspaper columns. Juiciest points of Byrd answers...

Author: /time Magazine | Title: FISCAL: Byrd to Eccles | 1/23/1939 | See Source »

...With respect to your general doctrine that a deficit will bring about business recovery, I call your attention to the fact that Mr. Hoover did very well in this matter. He had a deficit of $3,153,000,000 in 1932 preceded by a deficit of nearly a billion...

Author: /time Magazine | Title: FISCAL: Byrd to Eccles | 1/23/1939 | See Source »

Most important business event of last week was the opening of Congress and the jack-in-the-box stockmarket which it produced. Up on Franklin Roosevelt's mild opening message, stocks flopped on the next day's offering of his 1939 budget figures, with their near-record deficit...

Author: /time Magazine | Title: THE GOVERNMENT: Congressional Confusion | 1/16/1939 | See Source »

...Germany was able to build up a favorable balance of 422,000,000 marks ($168,000,000). In 1938 this favorable balance has been wiped out and Germany's imports have grown to 398,000,000 marks ($159,200,000) more than her exports. Over half of this deficit was due to Austria's annexation, the remainder partly to the world-wide anti-German boycotts, partly to the huge imports of war materials...

Author: /time Magazine | Title: Foreign News: Private Visit | 12/26/1938 | See Source »

...Also short on cash are: 1) Italy, where the 1939-40 budget last week revealed that during the next fiscal year Italy will suffer an unexpected 4,755,000,000 lire ($237,750,000) deficit, largely due to arms expansion; 2) France, where the Chamber of Deputies last week worked on the greatest arms budget since the World War which, in its ordinary and extraordinary appropriations, upped last year's budget...

Author: /time Magazine | Title: Foreign News: Private Visit | 12/26/1938 | See Source »

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