Word: hiked
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Dates: during 1960-1969
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...European response seemed more modest than vigorous. Italy agreed to a 7% budget increase, equal to an extra $140 million; West Germany promised to spend an additional $180 million and to bring its twelve divisions up to strength. The British managed a neat juggling act by announcing a hike in their contribution without any increase in defense spending, accomplished in part by pledging to NATO some of the forces being withdrawn from east of Suez...
...much is beyond Lindsay's or any Mayor's control. He is not only opposed on many issues by the Democratic City Council; the state legislature as well has a degree of control over city policies that is perhaps without parallel elsewhere in the U.S. The spectacular hike in welfare rolls is a direct result of heavy black migration from the South and a longtime influx of Puerto Ricans. Much of the budget, including welfare, is mandated by law. Inflation causes union to vie against union in looking to the city treasury...
...hike came very late, in view of the economy's inflationary fever. Moreover, Congress abdicated its purse string power by insisting that the Administration cut $6 billion from expenditures. This may be a more important shift in congressional philosophy than the end of the long-standing alliance between Republicans and Southern conservatives, achieved by the new G.O.P. leadership's policy of offering alternatives, rather than merely saying...
Amidst the usual glitter, most of Detroit's 1969 model cars have already been unveiled. Now the price tags are coming along. The first to present its new cars, Chrysler Corp., last week was also the first to present the bill that goes with them. In its fourth hike in three years, the company announced that, on the average, its 1969 cars will cost $89 more...
Going well beyond that analysis, Presidential Adviser Joe Califano pronounced Big Steel's action a "major victory." Just seven days after Bethlehem, the No. 2 producer, announced its price hike, the steel industry had been forced into a partial "rollback." Minutes after U.S. Steel announced its move, Arthur Okun, chairman of the President's Council of Economic Advisers, summoned reporters to his Washington office and pronounced himself gratified. Spread industrywide, Bethlehem's increase would have filtered through the economy as a $1.1 billion rise in consumer prices. Now, he said, "the American consumer has been saved...