Word: lagging
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Dates: during 1940-1949
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...spending: $41.9 billion. (Estimated expenditures this year: $40.2 billion.) He asked for a $5.9 billion tax boost,* even though, at current tax rates, estimated revenues for fiscal 1950 are only $873 million shy of what he proposes to spend. The trouble is, the President explained, there is always a lag in collections...
Associated Dean Robert B. Watson '37 blamed the lag in Selective Service operations for the oversized student body. The draft has failed to call up the extra men admitted last spring to keep the Class of '52 at a normal level, he said...
Papa Redbird got away first, and for almost six furlongs set the pace, while Arcaro was content to lag behind. (Says Eddie: "Citation's a great competitive colt. He wants speed out in front of him.") On the far turn Citation overtook and easily passed Papa. Jockey R. L. Baird gave Papa a breather around the bend. Most of the fans, and Citation himself, seemed to figure that he had Papa licked. But in the stretch, Baird sent Papa up again. Said Baird later: "For a couple of seconds, I was an optimist. We got up within a half...
...Miami, where the weather was fine, the lag in tourist business was blamed. An other reason was that the tumble in grain prices had knocked many a farmer out of the market. All over, customers were running out of money and could not afford the still sky-high prices...
...improving the present method of electing regional officers, which is now by caucus at the national convention in the summer. Two problems arise: voters seldom know candidates' qualifications, and officers elected in the summer must be confirmed by a vote of the regional conference in the Fall. This time-lag leads to inertia on the part of new officers until their "second election." A nominating committee that would acquaint itself with qualifications of potential candidates before the convention, and an amendment to the constitution making the summer election final would insure the best possible officers for regional NSA and speed...