Word: logics
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Dates: during 1950-1959
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...washing machines) doubled its sales during the EPT period and made $28 million in profits (before taxes). But it was $32 million short of the cash needed for expansion. Yet big, established companies have been able to borrow all the money they want, and under EPT's mad logic, have been able to reduce their tax by using the loan to increase their capital base...
...associations of teachers for several years, has consistently maintained that the student is the ultimate victim of repressions directed against teachers. Events have borne out our warnings that the target cannot be limited--even if that were desirable--to alleged Communists, but that once launched the witchhunt had a logic of its own and ends by engulfing the freedom of all. We are not happy merely at having been proved right, but we are glad that others are seeing the truth of our admonitions and joining the fight...
...Washington knew, the new defense budget stemmed not from military logic but from the point of view expounded by Treasury Secretary George Humphrey, who believes that continued vast expenditures for defense exposes the U.S. to economic collapse. The defense goals set by the Truman Administration, said Defense Secretary Wilson this week, "could not be attained within the time contemplated and within the concept of a reasonable balance between federal expenditures and revenue...
...voice. "I would like to present to you . . . with fairly broad strokes, what I consider the sensible framework . . . [for] an ever more effective posture of defense." Quickly he came to the heart of his defense-security philosophy: "I have always firmly believed that there is a great logic in the conduct of military affairs. There is an equally great logic in economic affairs. If these two logical disciplines can be wedded, it is then possible to create a situation of maximum military strength within economic capacities...
...situation either of doubtful military strength, or of such precarious economic strength that your military position is in constant jeopardy. It has been the purpose of this Administration ever since it took office, finding itself confronted with a crazy quilt of promises, commitments and contracts, to bring American military logic and American economic logic into joint, strong harness...