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Word: pinching (lookup in dictionary) (lookup stats)
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...dispersing its bases and improving its capacity for getting into the air fast in an alert. The Administration, said LeMay, has done nothing since Sputnik I to speed up the minimum program, or even to restore the cuts that SAC took during the Pentagon's frantic dollar pinch in the last months of fiscal...

Author: /time Magazine | Title: THE ADMINISTRATION: Muddled Direction | 12/30/1957 | See Source »

...Pinch in Time. Many businessmen received the dip at year's end without alarm because they regarded it as a "recession as planned." As consumer prices had gone up month after month for the biggest rise (2.5%) in five years, the Federal Reserve Board, under tough-minded Chairman William McChesney Martin, worked with grim determination to keep the economy from growing too big, too fast. Martin stumped the nation preaching "inflation, not deflation, is the real danger." To check all phases of the buying jag-a rise in industrial expansion, piling up of business inventories and increases in consumer...

Author: /time Magazine | Title: Business: Business, Dec. 30, 1957 | 12/30/1957 | See Source »

MONETARY CRISIS in Philippines will pinch Americans doing business there. To stop drain on dollar reserves, now at alltime low of $145 million, Philippine government has told U.S. subsidiaries that they may not send their dollar profits back home. And to check big imports, Manila now demands that local businessmen deposit 50% to 200% of value of their imports in advance...

Author: /time Magazine | Title: Time Clock, Dec. 23, 1957 | 12/23/1957 | See Source »

...fishing, plays golf when he has a chance, delights in his hi-fi set (Fairchild amplifier and pickup, Tannoy speaker), which he plays at window-rattling volume. He has given up pipe smoking and drinks sparingly. "You've got to be fit in this business. When the pinch comes, you've got to operate for long periods without sleep, and the peak requirements are usually placed on you when you're at peak fatigue. During the war, I observed that a man who exercised good average judgment 24 hours a day soon established a reputation for brilliance...

Author: /time Magazine | Title: NATO: The View at the Summit | 12/16/1957 | See Source »

...mild economic pinch was already swinging a powerful psychological punch. In many U.S. cities, recession ranked with Sputniks as a topic of furrowed-brow talk. With new jobs harder to find than six months ago, workers were suddenly anxious to hold on to the jobs they had. Not because they were broke, but because they were worried, people were postponing big purchases, cutting down sharply on luxuries. Mourned a Los Angeles night-owner as he cast an eye over empty bar stools: "I guess I'll have to trim the $2 cover charge. Six months ago it didn...

Author: /time Magazine | Title: THE NATION: Grey Mood | 12/2/1957 | See Source »

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