Word: growth
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Dates: during 1960-1969
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...ultimate aim is to reverse the steady growth of relief rolls. In the end, this would save money as well as redeem wasted lives. But to get started, the extra welfare cost to Washington would be $2.5 billion. For its $4.7 billion-a-year investment under the present system, however, the Federal Government has little to show...
...making speeches every night and spending every spare minute writing articles?" A systems analyst who pioneered the use of computers for solving environmental problems, Watt is currently directing a $174,000 Ford Foundation-financed study of California to examine the effects of population growth on urban transportation, pollution, public health and welfare, natural resources and law enforcement. "If we can't lick the population problem," he says, "we'll have to increase the size of the planet or put people in eight-by-eight-foot cells and feed them algae. I'm not proposing these things...
...university's interdepartmental studies of land and water use, which involve agriculture, economics, forestry, geography and regional planning. "What got me started on this," says Holling, "was the profound and striking similarities between ecological systems and the activities of man: between predators and land speculators; between animal-population growth and economic growth; between plant dispersal and the diffusion of people, ideas and money...
...been struggling for months to create a climate of uncertainty among businessmen, consumers and investors. The rationale is that considerable uncertainty about the future course of the economy is necessary to erase the nation's deep-seated inflationary psychology. As long as people persist in believing that economic growth is perpetual and price rises are inevitable, they will continue to buy and borrow in order to beat still further increases. Once people begin to doubt that "good times" will last forever, the theory goes, then everyone will become more cautious in his buying decisions, demand will slow down...
...signal yet that the Government is finally beginning to bring the overexuberant U.S. economy under control. "Inflation is being wrung out of the stock market," says Walter E. Hoadley, executive vice president of California's Bank of America. "The correction is a prerequisite to a resumption of healthy growth...