Word: excessive
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Dates: during 1970-1979
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...rate as a result of U.S. balance of payments deficits. Common Market countries complain that the flow of dollars affects interest rates, finances the takeover of European firms by U.S. companies and promotes inflation on the Continent, since central banks have to issue their own currencies to buy up excess dollars in the marketplace. Singly, European nations have little defense against the flood. Any country that raises the value of its own currency in relation to the dollar would in effect be raising the price of the goods it sells to its trading partners...
Faint Signals. Russian scientists had redesigned the Venera spacecraft to withstand pressures of 150 earth atmospheres and temperatures in excess of 1000° F. They also redesigned their parachute (probably made of steel mesh) to enable Venera to descend more rapidly to the surface. To allow for the higher landing velocity, they incorporated a shock-absorbing landing gear...
...fairly pleasant year of increasing production, profits and jobs. Nixon's budget strategy is probably the right one for that outcome. The economy definitely needs stimulation, and the level of spending that the President proposes does not seem overly inflationary; prices are now being lifted not by excess demand but by a wage-cost push. A vigorous incomes policy coupled with structural reforms would combat this type of inflation more effectively than a budget hold-down. But Nixon is running a serious risk of making a relatively good year look disappointing by predicting faster improvement than can be realistically...
Alarmists claim that saving the U.S. environment requires "zero population growth," but last week the Government's chief demographer countered with a telling argument of his own. The key to pollution, said the Census Bureau's Conrad Taeuber, is "changing standards and habits," not excess people. While the U.S. population rose 13% in the 1960s, for example, national consumption of goods and services jumped 60%, thus loading the landscape with more and more beer cans, junked autos and other garbage. Even if "Z.P.G." were achieved overnight, said Taeuber, the U.S. population would not stabilize until the year...
When he was 12, Cahalan was pitching for a Little League team that drew from an area with a 30-mile radius. But the rules forbid a radium in excess of ten miles. So the team was broken up, and since he had nothing else to do that summer, Cahalan started swimming...