Word: paye
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Dates: during 1960-1969
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...call-up, Kosygin let it be known that the Kremlin's top leadership is more interested in a settlement than its underlings had let on. Kosygin's aides even hinted that perhaps the best way off the hook would be for the U.S. to pay a fat fine for its supposed violation of North Korean waters-as Russian trawlers had to do after being nabbed within U.S. territorial limits off Alaska last March...
...second half, while the rate of consumer-price increase rose from 2.3% to 3.8%. Figures released later showed the consumer price index up 3.1% for 1967, the second highest annual increase in ten years. Unavoidable injections of extra dollars into the economy, such as higher federal pay scales and social security benefits, are virtually certain to boost consumer spending this year. Ackley predicted that the increase in the gross national product would set a new record in the current quarter, exceeding the $18.5 billion advance in the last quarter of 1965. And as domestic inflation worsens, it becomes ever more...
...Viet Nam are estimated as rising $1.3 billion, to $26.2 billion, or 14? of each $1 in federal outlay. Large as the military figure is, it provides for no dramatic expansion in any segment of the defense establishment. Nearly all the extra funds are absorbed by Viet Nam, higher pay scales, and relatively small increases...
Even greater than their disenchantment with Krag personally was the irritation of Danish voters with his economic policies. Faced with worsening inflation, Krag tried last December to cancel a mandatory cost-of-living pay hike for Danish workers, but when some of his extreme leftist partners deserted him in a test vote on the issue in the Folketing, he called for new elections. During the campaign, the anti-Socialist opposition shrewdly played on rising Danish concern over increased unemployment (which is at 2.7%, still low by Western standards), a drop in Danish exports, the higher bill for welfare programs...
...only price you pay...