Word: pinched
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...purely parochial resentment against national headquarters for bypassing a favorite son in favor of an outsider. But underlying all such glib alibis lay the gloomier suspicion that the Tonbridge vote reflects a growing dissatisfaction with the Tories among Britain's hard-pressed middle classes, who are feeling the pinch of inflation...
...mark forecast earlier this year by the U.S. Government. Steel production in May soared over the 10 million-ton mark for the eighth straight month. While home building trailed last year's record level by 17% in 1956's first five months, largely because of the credit pinch, the Administration hinted last week that easier mortgage money is on the way. Auto dealers throughout the U.S. were paring inventories of unsold 1956 models at the rate of 4,000 cars...
Digressing, the President offered a pinch of personal philosophy: "If you will meet your problems as they come up and get the satisfaction of a job well done-play hard-have fun doing it-[then] I think you will have a lot of fun every single day." In a week that was average for presidential pressures, Ike was following his own seasoned advice. Commencing early, he worked hard, sometimes kept working into the evening. But he balanced the unrelenting pressure by seizing a President's scattered opportunities to relax...
There is no doubt that credit is tight-and getting tighter. Many banks are turning down loans that they would have gladly accepted last year. Unfortunately, the pinch is harder on small than big businesses. But, as FRB Chairman William McChesney Martin points out, to be effective, credit controls must hurt...
WEST GERMANY'S BOOM has reached point where bankers worry about bust. To check inflation, bankers have nearly doubled loan discount rate to 5.5%, started bitter fight with industrialists. Chancellor Konrad Adenauer says credit pinch threatens entire recovery...