Word: grossness
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Dates: during 1980-1989
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...traffic is heavy, the air polluted. No detail is too gross and no conversation too crude to be recorded. It is as if Shea's residual pride and growing self-hatred prevent him from putting euphemisms between himself and his experience. Raw sin is like a dose of salts, evil is a flail for self-punishment, and the law smells of deals, not ideals. Even his Roman Catholic soul can cop a plea: "He had his script worked out. Confession on his deathbed. Penance. Extreme unction. Two sacraments for the price of one. A perfect act of contrition...
Nothing that Reagan's July I package amounts to a $40-billion fiscal stimulus--toughly 13 percent of the gross national product--Otto Eckstein, Warburg Professor of Economics, said. "If this doesn't work, we're in deep trouble...
...Latin America's lowest per capita incomes ($670 a year), the Salvadorans now face the possibility of economic collapse. The war has brought foreign investment to a halt, chased millions of dollars' worth of capital out of the country and crippled many transportation and communication links. The country's gross national product has dropped 19.5% since...
Charles Schultze, former chairman of the Council of Economic Advisers, makes the point that $20 billion spent on, say, Social Security or unemployment compensation would represent less than 1% of the U.S.'s gross national product. By contrast, the same amount of money if spent on weapons procurement would constitute perhaps as much as 20% of the output of the defense contractors, creating price-boosting jolts that would be magnified many times over as they rippled out into the general economy...
...utilities contend that the hikes are necessary to cover the rising costs of fuel, labor and materials. Critics retort that gross mismanagement is the real problem. Both utilities committed themselves in the late 1970s to buy oil under long-term contracts at prices far higher than those now prevailing. Conservation has cut electrical consumption, but the companies must still incur tens of millions of dollars in expenses to dispose of oil that they are obligated to buy but do not now need...