Word: offsets
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Dates: during 1950-1959
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...further production, Slichter states that if the conflict with Russia caused a four percent production increase and if the additional defense outlays were about $18,000,000,000 a year, the production gain would entirely offset increased military expenditures after six years...
Republican candidates well know that, since the day of Roosevelt, they have to carry downstate Illinois by big margins to offset the Democratic majorities ground out by Jake Arvey's Chicago machine.* With spellbinding oratory, Republican Dirksen banged away at Communism, Acheson, inflation and wasteful foreign programs. "Lenin said, 'Someday we are going to force the U.S. to spend itself into destruction,' " cried Dirksen. "In the name of God, what are we doing? When will we wake...
...result was that by last week, when the Treasury's financing operation ended, FRB had had to absorb most of the new low-interest notes itself, in order to keep an orderly market. By so doing, FRB might well have offset the higher interest rates that it had imposed; in buying most of the Treasury's huge issue, FRB had increased the amount of money available for loans to its member banks. If the banks took advantage of this, commercial loans, in the end, might rise even more. In short, before FRB could make its sensible anti-inflationary...
...gain that was Robert Lovett was offset, at least in part, by the loss of one of the nation's most effective diplomats. Tired out and in bad health, wearing a black patch over the eye he injured by the barb of a salmon fly while fishing in England, 56-year-old Lewis Douglas called at the White House last week and resigned his post as Ambassador to the Court of St. James's. After he finished winding up his affairs in England, Lew Douglas was going home for a long and well-deserved rest...
Reischauer questioned whether the stragetic value of keeping the Reds out of Formosa was enough to offset the loss of United States face in Asia caused by supporting Chiang. "Fortunately," he added, "the defense of Formosa is tied in with Korea, and when we, leave Korea we can quietly retreat from Formosa...