Word: diverted
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...said that he intended to keep the armed forces "fully provided with all that is needed for the vital task of national defense." If Brezhnev feels under any obligation to the military, however, his position could become uncomfortable. As the chief exponent of "goulash Communism," Khrushchev frequently sought to divert money and materials into consumer industries, away from the military men and what he called "the metal eaters"?the managers of heavy industry. But while Khrushchev tried, often unsuccessfully, to keep the military men on relatively short rations, Brezhnev may feel obliged to keep them well fed in exchange...
...even though Administration officials seek to divert attention from its $25 billion annual program to kill Vietnamese peasants by encouraging concern for the deteriorating environment among possible activists, the issue will inevitably return to our war policies...
...MANY ways ecology is too narrowly defined. It has the potential to become not a ruse to re-invigorate a sluggish economy and divert radical criticism from issues of oppression, but the means to the realization that the greatest polluter of the earth is American corporate capitalism, whose continued health is based on continued expansion-expansion of the economy, of markets, and, crucially, of the population...
...Some economists also dispute the contention that jawboning really works. Inflation, they stress, is caused by loose Government fiscal and monetary policy, which unleashes excessive demand in the economy. Jawboning may hold down prices in individual industries, says Nixon's CEA Chairman Paul McCracken, but that "may only divert inflationary pressure and make other wages and prices rise more...
Whatever their merit, such arguments now seem somewhat irrelevant. Jawboning may indeed only divert inflationary pressure during a period of excess demand, but Arthur Burns, chairman of the Federal Reserve Board, believes that the deflationary policies of the last year have already succeeded in wringing excess demand out of the economy. Inflationary pressure now comes from 1) union drives for huge wage increases to catch up with past price boosts, and 2) businessmen's insistence on passing along pay increases by raising prices. It is precisely in such a situation that jawboning and the use of guidelines...