Word: gaps
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Dates: during 1940-1949
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...inflationary gap is not a price or wage increase; it is the real value difference between consumer purchasing power and consumer goods and services left to be purchased when most productive resources have been diverted to building up the war machine. The gap is the root of the price and wage rises, which accompany inflation. The potted plant in the Hellzapoppin show grew no more quickly than does inflation; stabilizing prices and wages only lops off its branches, and does not prevent the rapid growth of the trunk. Unless the roots are killed, more and bigger branches are bound...
Success Means the Ash Can. But that 175,000-ton gap might make the difference between success and defeat. Unless every U.S. citizen conserves his tires, unless the Army & Navy cut their needs to the rim, the nation's rubber reserves may be nonexistent by Christmas. Said Rubber Czar William Jeffers: "The country is not yet out of the critical stage." But Rubberman Jeffers, no crier of "Wolf! Wolf!," was optimistic, gaily predicted that U.S. factories would be producing 850,000 tons of synthetic a year within a twelvemonth-more than enough for all military needs...
General Sir Bernard Law Montgomery had been thrown back at the northern end of the Mareth Line. In a 15-mile-wide gap between the Matmata Mountains and the seashore, Field Marshal Erwin Rommel had stopped him cold and he had backed up, leaving the plain strewn with British dead around the hell of the Wadi Zigzau (see p. 17). It appeared that Montgomery had been stalled. It only appeared...
...issue of emergency teaching certificates to inexperienced persons. With teachers allocating themselves out of the educational scene, an all-time high for rural school closings has been reached. A 22.2 per cent decrease in, teachers college enrollment gives little hope that they will be able to bridge the gap. In Illinois alone over one thousand schools have closed. Mississippi officials report that if teachers continue to leave at the present rate, 30 to 40 per cent of the schools in the state will close...
Ready to move into this gap are the vast forces of the C.I.O. and A.F. of L., which could not afford to stand idly by while Lewis gained a political victory. Also ready to pour through the wall, at another point, is the farm bloc. Thus Lewis may spearhead a pitched battle against the Administration cost-of-living controls. For days, appeasement seemed to be the probable policy: indications were that the Administration might add 5% to the Little Steel formula in a strategic withdrawal. But as the week began the Administration firmed up: WLB voted to hold on hard...