Word: grossness
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Dates: during 1960-1969
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Hard Options. The final verdict on the economy will come from the Council of Economic Advisers when the budget is completed and the Treasury has estimated tax revenues. The gross national product, some $672 billion in 1965, is expected to be about $45 billion higher next year, so that the economy could comfortably absorb a few billions in extra federal spending-particularly in view of higher social security deductions that will take $5.5 billion out of immediate circulation...
...NATION). Short of that, some of Lyndon Johnson's advisers are toying with the possibility of higher income-tax withholding, which would remove spendable cash from private hands at once. Their estimate of the size of the U.S. economy for 1966 has grown and grown-from a gross national product of $710 billion to $715 billion to the present $720 billion-and so has their concern that the combination of military outlays added to heavy plant-and-equipment spending will place a temporary overstrain on the nation's ability to produce...
...former Harvard economics instructor said that economists are too concerned with raising the gross national product, increasing capital investment, and redistributing rural property. He contended that the most pressing problems for developing nations are low productivity, the population explosion, and education...
...hope as well of Self Defense Forces Director Raizo Matsuno, 48, a lean, grey-haired ex-naval officer and protege of Premier Eisaku Sato. As the man charged with Japan's immediate security decisions, Matsuno would like to upgrade Japanese defense spending from 1.3% of the gross national product to 2% (the U.S. spends nearly 9% of its G.N.P. on defense). That would amount to $1.1 billion and greatly increase both the materiel and the mobility of the armed forces. Matsuno's bill is currently before the Diet, and it has Premier Sato's wholehearted backing...
That afternoon, Trimmer and a staff pathologist did an autopsy and noted an odor of ether in the child's lungs. She was not known to have had ether, but the doctors did not mention the odor in their report. They listed "gross pulmonary edema" (waterlogging of the lungs) as the cause of death...