Word: lags
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...mark in the past, has been predicting a deficit of $7.5 billion. Last week the Department of Commerce estimated that it would be a mere $4 billion. Reason: a rise in personal incomes and consumption should bring in more income and excise taxes than the Treasury estimates, while the lag in defense spending should cut U.S. Government expenditures...
...into operation is lengthening rather than shortening. The procurement time for parts, which should also be narrowing as the pipelines fill up, is actually widening. A year ago, it took Lockheed 38 weeks to get deliveries on landing gear; now it takes 56 weeks. On other components the time lag is often greater (see chart-). Cried one worried aircraft producer: "We have wasted a year...
Aircraft builders, blame the lag on the Administration's reluctance to disrupt the civilian economy, say that the Government will have to get a lot tougher on civilian production before things get any better. Judged by plane production, the Administration plan to have both guns and butter is working out all to the advantage of butter...
...Brothers in Islam," Liaquat began-and at that moment there was a sharp report, then another. Liaquat fell to the ground, crying: "Goli lag gai!" (The bullet...
...third quarterly report on defense this week, Mobilization Boss Charles E. Wilson let drop some bad news. The rearmament program is lagging so badly that the peak in expenditures, originally scheduled for next July, will not be reached until October, 1952. Most of the lag, said Wilson, has been caused by temporary bottlenecks in fabrication and assembly, not by manpower or raw materials shortages. In the last three months, he estimated, deliveries of military goods rose by one-third to $5 billion. Wilson expects them to double within the next year...