Word: paye
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Dates: during 1960-1969
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...appearance of arm twisting, Johnson did not announce the move himself, instead reiterated his plea to Congress to enact his tax bill and cut expenditures. "I know it is not a popular thing for a President to do-to ask anyone for a penny out of a dollar to pay for a war that is not popular," Johnson told savings-and-loan officials in an off-the-cuff talk. "If I were concerned only with my own popularity or my own poll, that wouldn't be the way I would go about it-to suggest higher taxes or more...
...believe that the Democratic party will pay heavily for its own mistaken foreign policy." Galbraith said. "We must work to keep the liberal thinking in front of the people," he continued...
...rising. The cost of such options as push-button radios and tinted glass is up all around. And one sleeper involves changes in warranties. Now, first owners will get warranty protection as before, but second owners will have to accept limited coverage (in the case of Chrysler) or pay an initial $25 inspection fee plus a $25 deductible payment for subsequent warranty work done for full coverage (with Ford and A.M.C.). Third owners are out of luck altogether except with a G.M. car; if it is less than two years old (or has been driven less than 24,000 miles...
...leaders"-a tactic aimed at building customer traffic in general. At the other end of the price scale, the tactics are less subtle. In mid-Manhattan, not far from an A. & P. supermarket where shoppers buy regular-size cigarettes at 39? a pack, conventioneers visiting the Big Town can pay the big price at the New York Hilton newsstand-52? for nonfilter regulars, 53? for other kinds-and get some big lip too. "Because that's what we charge!" jeers the counterman at anyone who questions...
Considering S.D.R.'s complexity, it is just as well that tourists and businessmen will continue to pay their bills in national currencies. Governments alone will be eligible to use S.D.R. and even then only to settle international debts in limited quantity. The idea is to test the plan gently at first by creating between $1 billion and $2 billion worth of S.D.R. a year over a five-year period. But a solid decision remains some years...