Word: outstrips
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Dates: during 1960-1969
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...needs. He chooses his own doctor. When he gets treatment, the doctor sends the bill to the P.A.C.C. If illness has been running at average rates, the doctor gets his full fee, according to a set schedule. If there has been a lot of illness, so that charges outstrip premiums collected, the doctors take a proportionate...
WORLD COFFEE SURPLUS is building up. Backlog at present is 40 million bags, about an eight-month supply at current consumption rate, and production continues to outstrip demand...
Birth-control advocates insist that unless drastic measures are taken now, India's population will totally outstrip its national resources by 1985; in Punjab, for example, land holdings are already officially limited to 30 acres. Even Prime Minister Jawaharlal Nehru, once a skeptic on the subject, now agrees. Boasts Nehru: "There is more talk and action on birth control in India officially than in any other country." As if to back up his claim, the Indian government last week announced that the current sterilization campaign is only the beginning. It figures that if 2,150,000 Indians were sterilized...
...rates, based on running a machine until it falls apart, are no incentive to modernize. Tax allowances, based on the actual cost of the machine, ignore inflation that makes it impossible to replace at the same price. The Machinery and Allied Products Institute estimates that the costs of replacement outstrip depreciation allowances by $6 billion to $8 billion a year. For many a business caught in the cost-price squeeze, the result is less money to spend on modernizing and expanding to cut costs and prices...