Word: expand
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Dates: during 1970-1979
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Typical story heard in the Union? Not so. And that is something that Jack Reardon and the rest of the people at 60 Boylston should keep in mind as they expand their efforts to make Harvard sports teams more competitive and remain in the bigtime...
...rights bills, the Peace Corps, Food for Peace, better social security, a nuclear test ban treaty and improved health care, to mention only a few achievements. Humphrey was the quintessential New Deal liberal and that was important during these years, the years when the government recognized its obligation to expand its responsiveness to human needs. Someone had to push the Senate in new directions, fight the good fight--and more often than not it was Humphrey, a "giver" in the fullest sense, who took it on himself...
...more important than whether West Germany and Japan expand their economies is whether the U.S. can manage to curtail its wanton consumption of imported oil. As President Carter grimly noted last spring in his energy address to the nation, if present trends continue, the country's oil deficit by 1985 will total a mind-stretching $550 billion. With the world monetary system already buckling under the weight of the nation's existing oil deficit, it is not hard to envision the disruptions that will follow from a more than tenfold increase in the burden during the next seven...
...greater dollar operating costs abroad. Also, American-owned multinationals have been slowing down investment abroad. One reason is the sluggishness of European and Japanese economies. The drop of the dollar has added another reason, by increasing the amount of dollars that multinationals must spend to build, buy or expand foreign factories. Weakened American investment abroad prolongs the global economic stagnation that the U.S. wants to counteract...
...contributing factor in the stock market's decline. One reason for the gyrations is that velocity-the speed with which money changes hands-speeded up and slowed down unpredictably. A change in velocity can cause the Federal Reserve's maneuvers in buying and selling Government securities to expand money supply either much more or much less than the board intends; last year both things happened...