Word: growed
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Dates: during 1960-1969
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...from Illinois. The 325,000-word report finds that the number of Americans below the poverty level ($3,000 annual income for an urban family of four) fell from 39 million to 26 million between 1958 and 1966. Even so, it notes, the gaps in U.S. society continued to grow. "The central cities increasingly are becoming white-collar employment centers," the report says, "while the suburbs are becoming the job-employment areas for new blue-collar workers...
...suburbs, they are more and more accompanied by lower-income whites and nonwhites who are also fleeing the cities-and bringing all their problems with them. But the black move to suburbia is much slower. Though the number of blacks living in the suburbs is expected to grow from 2.8 million in 1960 to 6.8 million in 1985, the white suburban population will grow from 52 million to 106 million. Already the suburbs lead the cities in population, 66 million to 59 million...
...Kurt Kiesinger to succeed Ludwig Erhard as Chancellor, 51 votes from Bavaria's Christian Socialist Union (CSU) assured his victory. It was Franz Josef Strauss who threw these votes behind Kiesinger, earning himself a place in the Grand Coalition government. Last week Strauss was saying, "I would rather grow pineapples in Alaska than be the German Chancellor." Hardly anyone in Bonn believed...
...least of the economy's strengths has been its resistance to stresses and strains. Over the past eight years, production and general prosperity have continued to grow vigorously, despite political assassinations, race riots, international monetary crises and breaks in the stock market. In the past year the economy advanced in the face of all of that, and more. Yet economic Utopia is far from the nation's grasp. This year, the expansion has gone too far, too fast. In fact, there have been excessive increases in three vital areas: wages, prices and Government spending. During 1968, more than...
Credit was plentiful because the Federal Reserve Board, even while raising interest rates, allowed the supply of money in circulation to grow at a rate that proved to be inflationary. The board had to feed funds into the money market so that the Treasury could borrow to finance the federal deficit of $25.4 billion in fiscal 1968. Such great deficit financing, most economists agree, is the fundamental cause of U.S. inflation...