Word: disasterously
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Dates: during 1970-1979
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And the disaster dramatizes a national problem
When the two-year drought first parched much of the country in 1976, farmers cried that unless Washington came to their rescue they faced financial ruin. Congress obliged by making the farmers eligible for easy-to-get, easy-to-repay loans under the Small Business Administration's disaster relief...
Some farmers were, and still are, genuinely on the brink of disaster-and genuinely in need of federal relief. But in many cases the availability of the emergency loans has been simply unwarranted. The SBA overgenerously declared a full two-thirds of S all U.S. counties disaster areas and therefore...
Meanwhile, the Congressman can only point to the $50 billion to $60 billion deficit in this year's federal budget and lament, "The SBA loan fund is set up to help people cope with an unusual disaster-one that happens once in a lifetime. What has happened is that...
A senior member of the legislature and, until this fall, the owner of a public relations and advertising firm, Bateman is immeasurably more polished and effective than Byrne as a political personality. But he may have made a fatal mistake by basing his campaign on a promise to let the...