Word: deficits
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Dates: during 1950-1959
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...biggest inflationary specter rises out of the Government's huge ($12 billion) deficit. Yet even there the worry is lessening. Just as last year's deficit was bigger than anyone expected because tax returns dropped in the business slump, so the current deficit may be smaller by $1 billion or $2 billion as business improves and tax payments increase. Says a U.S. Treasury spokesman: "An unbalanced budget does not just of itself create inflation. The extent to which you put it in the banks is the extent of its inflation. This $12 billion will be financed partly...
From the moment President Nasser unexpectedly observed in a speech last July that "I am not satisfied with what has been achieved in Syria," his new "northern region" has been headed for a housecleaning. In that speech Nasser complained that his Damascus regime had turned up a big deficit and spent all its reserves. Though he did not say so publicly, he was displeased by other developments. He had banned party politics; yet the Baath (socialist) party, the Commu nists and others went on politicking. Syrian Vice President Akram Hourani was acting more like a Prime Minister in Damascus than...
Although the University ended the year with a balance of $482,000, several departments suffered deficits. Among these were the Graduate School of Education, the Fogg Art Museum, and the Dining Halls Department. Steps were taken to avoid a further deficit in the dining halls when the University increased board charges this fall...
...delay of 2½ years in resuming its gradual integration program. At that time, trying to beat the date set for reopening of Little Rock's beleaguered Central High School, the court did not take time to write a full opinion. It more than made up for the deficit last week, with all nine Justices not only concurring but-an unusual move-sharing in the authorship of the 5,000 words read by Chief Justice Earl Warren...
...tear into the recession news with the seriousness and energy of a cub reporter. He turned out interpretative pieces, got a clear beat on one month's unemployment figures when they were the hottest news in town, was among the first to predict that the federal deficit for this fiscal year would be high (current Bureau of the Budget estimate: $12.2 billion...