Word: fasters
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Dates: during 1960-1969
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...monsoon rains failed, thousands would have died but for the emergency shipment of 10.5 million tons of U.S. wheat, one-fifth of the American crop. India has always seemed to be dismaying proof of the Malthusian thesis that the world's population must inevitably increase at a faster rate than its ability to sustain itself. As recently as two months ago, that specter was evoked by British Novelist C. P. Snow: "We may be moving-perhaps in ten years-into large-scale famine. Many millions of people in the poor countries are going to starve to death before...
...rise in federal revenues that accompanies the economy's growth; automatic, that is, so long as the economy does grow, for recessions have not yet become unconstitutional. If the gross national product continues to advance at a rate of an average 6-7% annually, tax revenues will increase faster than federal expenses. This will produce a dividend of $8 billion in 1971 and thereafter climb impressively to $35-$40 billion by 1974. By applying the fiscal dividend as he sees fit, Nixon will have discretionary power to fund new programs, increase old ones, reduce taxes-or indeed, some combination...
...pile up huge surpluses that are normally used to increase security benefits. So long as there is inflation, benefits have to be increased, but perhaps not to the full amount of the surplus. Reform of the Post Office would save at least $1.5 billion, as well as move letters faster, while another $100 million could be found by asking whether it still makes sense for the Rural Electrification Administration to subsidize rural cooperatives with 2% loans. Congress should also be shamed into cutting the $4.6 billion a year that goes for pork-barrel public-works projects. The nation owes...
Both Chalmers and Bruner stressed that more student pressure may be necessary to speed up plans for coed housing. They agreed that progress will come faster if different houses are allowed to move toward coeducation at their own paces...
...Federal Reserve is likely to maintain such pressure until it stifles the inflationary psychology that has gripped investors, businessmen and consumers. "We have to knock out the notion that inflation is a built-in way of life," says Daniel H. Brill, senior adviser to the board. The faster businessmen get that message, the less painful the effects of slowing down the economy should...