Word: grossness
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Dates: during 1960-1969
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...Cure. Largely because spending remains robust, the nation's gross national product is surpassing expectations. In the third quarter, the total output of goods and services reached an annual rate of $870.8 billion, a $17.9 billion increase just slightly less than the $21 billion average rise of the first two quarters. Unfortunately, almost half the increase is not "real"; it represents only further inflation of the dollar...
Last week their latest college tour brought them to the University of Tennessee, Mississippi State University and Bloomsburg (Pa.) State College. By year's end, their 35-member troupe will have played enough college and town dates to gross around $1,500,000. Wherever they stop, they give completely. "We simply try to do a little more than required," says Sam. "If this means we have to sing one song for 50 minutes, then we sing the song for 50 minutes." That may seem terribly long, but when Sam & Dave pound out Hold on, I'm Comin...
...during the first quarter of this year, the lowest level of the decade. The figure runs far lower in many places. One reason is the remarkable proliferation of huge apartment communities loaded with amenities for a leisure age. A swimming pool is no longer enough. In Houston, Developer Jenard Gross' latest 1,250-unit project will also have a shopping center, tennis courts, a gym and sauna baths, along with air-conditioned one-bedroom apartments for $150 a month. Some builders throw in a private cocktail lounge, shuffleboard courts, a putting green or even a big community center...
...continuing spending spree, reported the Commerce Department last week, swelled the nation's gross national product during the year's third quarter to a record annual rate of $870.8 billion, an 8% increase over the comparable quarter of last year...
Then came the Six-Day War. It cost the nation of 2,669,000 people more than $1 billion, and Israel is still paying the price of victory. Since the war, the military budget has more than doubled, to $800 million - equal to 18% of the gross national product - partly because of the burden of defending conquered Arab lands. Just to administer the "new territories" costs $40 million a year. The bills are so big that Israel recently had to cut $100 million from public-works projects in order to meet the government's payrolls...