Word: excessive
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Dates: during 1970-1979
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...Music Hall was, in effect, a world within itself, a tour de force of art deco dazzle and soaring ceilings that provoked awe and vertigo among the customers. The sheer quantitative excess of its palatial pretensions infected professional journalists with an even greater than normal addiction to statistical literature. Thus the tales of the Music Hall's Boswells are almost uniformly impacted with numbers purporting to measure every major, minor, relevant and irrelevant aspect of the plant. The printed record aches with such data as the number of miles of film projected yearly (5,000). the quantity...
...spilled about $18 billion into foreign markets. And a dollar excess, like a wheat excess, drives down the price. As TIME'S European economic correspondent, Friedel Ungeheuer, reports from Brussels: "No one is saying that the U.S. economy is not sound. It's probably the soundest around anywhere...
Graduate students, however, did not show up to take the jobs in the numbers administrators expected, so the excess funds can now go to undergraduates...
...obvious reason is to improve the Labor Party's chances of winning the general election that the government seems likely to call for next autumn. But there are economic arguments for a tax cut too. Current income tax rates, which begin at 34% for individuals with taxable income in excess of $1,796 a year and escalate to 83% on income over $38,000 annually, stifle incentive and initiative. A tax cut also would increase consumer demand, in theory prompting industry to increase production and hire more workers...
Carlos never showed, and the real specter hanging over the meeting was the growing worldwide glut of oil. During recent months the world has been awash with excess production of some 2 million bbl. per day, and Western oil stocks are currently 25% above pre-1973 embargo levels. Producers like Libya and Algeria, even while arguing for an official price hike, have been shaving their market prices by 40¢ or more per barrel...