Word: expander
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Dates: during 1960-1969
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...maintenance schemes Would be vast-another formidable handicap. The most modest plan would cost about $4 billion more than today's welfare; the most ambitious would cost $30 billion more. Neither calculation, however, reckons the present system's potential cost, which, without any modifications, might continue to expand indefinitely. Eventually, even the most generous supplement plan might seem cheap by comparison. As it is, the U.S. spends less proportionally on social welfare than almost any other industrial country...
...Will the U.S. economy continue to expand in the year ahead? One reliable clue can be found in capital spending, the money that businessmen invest in new plant and equipment. This year's outlay will reach about $64.5 billion, and until recently, forecasters had expected little if any gain in 1969. Behind the pessimism were two negative portents: capital spending fell by an annual rate of $2 billion in this year's second quarter; and in the third quarter, the nation's plants were producing at 83.3% of capacity, a five-year low. Even so, economic signals...
...Expand international monetary reserves, which have become too thin to support the expanding volume of world trade. Since the recent humbling of the franc, France may be more willing than before to support the quick creation of the "special drawing rights." The SDRs are a form of "paper gold" that would be dispensed by the International Monetary Fund to supplement real gold, dollars and pounds in bankrolling trade and investment...
...must also encourage mass education, expand the work of the Peace Corps, abolish antiquated trade restrictions and provide trade preferences for Latin America...
Though Potter and Ebert both said that they hoped eventually to recruit more than fifteen disadvantaged students, Ebert said that the School has "no immediate plans to expand the physical plant...