Word: lavishly
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...agree that the horrendous price spiral was all but guaranteed in 1973 by a combination of bad luck and policy mistakes by the Administration. For one thing, the economy whooshed into 1973 at a blistering, inflation-generating pace. The main propellant was the immense buying power that resulted from lavish Government spending and the Federal Reserve Board's startlingly openhanded money policy during the presidential election year of 1972. Yet one of the Nixon Administration's first acts in January was to replace the relatively successful Phase II wage-price controls with the voluntary, largely ineffective regulations...
...clear, although the president of almost anything else would have been quickly forced to resign by a scandal infecting so much of his organization. Moreover, the strange oscillations in White House attitudes toward the various investigations raised grave doubts about Nixon's innocence. First there were blanket denials, lavish claims of Executive privilege and invocations of national security. Then came repeated clarifications, previous statements declared "inoperative," and multiple promises of full disclosure. Subpoenas were resisted. The persistent Special Prosecutor was fired. Next a sudden yielding to the courts, followed by an Operation Candor that was far from candid, claims that...
Stalin scants Stalin as well as conventional play making. It is a kind of lavish underwater ballet, a labyrinthine dream from which one cannot awaken, a slow-motion time study that makes the slow motion of, say, film or videotape seem like a device of dizzying speed...
...during the Heath government's concerted drive to lift the British economy to a new plateau of sustained growth. It was a central part of Heath's strategy that Britain's labor unions could be persuaded to hold down their pay demands. But in observing the lavish profits that have accrued to Britain's financial and property speculators over the past year, the unions have not unreasonably wondered whose belt was being tightened most...
When Nixon signed a lavish $407 million appropriation for Amtrak only last month, he asserted that strengthening the nation's rail system was necessary to cope with the energy shortage. And a Transportation Department study for the White House indicates that any abrupt halt in rail service by the bankrupt carriers would boost the national unemployment rate by 3% and lower the gross national product by 2.7% within two months. That seems an extravagant prediction, but the Administration is hardly likely to risk any derailment of the economy on top of Watergate and the energy crisis...