Word: hiked
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Dates: during 1960-1969
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Opponents of the tax hike have two arguments: that sharp spending cuts should take priority over higher taxes, and that the economic conditions do not warrant the increase. In the first case, any spending cuts would come in non-defense areas which have the most pressing needs. Therefore to oppose the tax hike in protest to the war in Vietnam serves merely to desert vital programs. The President has made his opinion clear that the war, though costly, is vital to American interest. To disagree with this priority is admirable; but to disregard it is unrealistic and stupid...
...nation's sluggish economic activity from January to June this year has led critics to fear the recessive potential of a tax hike. But Gardiner Ackley, chairman of the Council of Economic Advisers, has said recently that there was "no longer a significant risk" of recession to block a tax hike. Rather, he added, an income tax increase has become essential to hold down prices and interest rates...
...when the meeting of Boy Scout Troop Eleven let out on Friday nights, the Golden Seal Drugstore on the East Side of Market Square in Harrisburg, had an influx of hungry kids guzzling chocolate malted milk shakes to stave off imminent acute starvation and give us strength to hike a good mile to our homes where we could get into the ice-operated refrigerator and take on enough to enable us to survive until breakfast...
Behind the ICC decision was the hard fact that the railroads' case was economically-if not politically-persuasive. Industry representatives noted that the last general freight-rate hike came in 1960, when the ICC authorized a paltry 1.5% increase. Since then, operating costs have soared. So far this year, eleven railroad unions averaged 6% wage boosts, and six shop unions, led by the militant International Association...
...above the moon as all radio contact ended. The best guess at J.P.L. is that the retrorocket exploded, blasting the craft to bits. Whether that actually happened, or whether Surveyor 4 disintegrated on impact, is a mystery that may never be solved-unless astronauts some day hike to the target site and examine the wreckage...