Word: productive
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Dates: during 1950-1959
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...Senate's new Rule XXII was the personal product of Majority Leader Lyndon Johnson. As such, it represented a middle way between the Senate's Southerners, who hold with the idea of limitless debate, and Senate liberals, who would impose cloture at the drop of a drawl. The Johnson-sponsored rule will...
Habitual Corruption. Political morality under Batista, while conforming to a half-century of practice, hardly lived up to the idealistic constitution. During his seven years the gross national product soared from $2 billion to $2.6 billion, but the public debt rose from $200 million to $1.5 billion. Corruption ranged all the way from army sergeants who stole chickens to Batista himself, who shared with his cronies a 30% kickback on public-works contracts. Potbellied Chief of Staff Francisco Tabernilla and his family made off with the entire army retirement fund of $40 million. Havana storekeepers who wanted to attract crowds...
...unbalanced force. As it rises, it slows and curves because an unbalanced force, the earth's gravitation, keeps pulling at it in obedience to Newton's law of gravity: Each particle of matter attracts every other particle with a force that is directly proportional to the product of their masses and inversely proportional to the square of the distance between them...
Economists have long known that the gross national product, the nation's No. 1 economic growth indicator, has a serious flaw. It does not allow for inflation. When prices and production are both swooping up, the G.N.P. greatly overstates the rate of growth of the U.S. economy. When production sags, it understates the drop, since prices tend to hold up. To counteract these price distortions, the Commerce Department brought out a new indicator. Henceforth, along with the regular quarterly G.N.P. expressed in dollars of current value, the department will publish a G.N.P. showing what the actual change would have...
Cordiner's carefully regulated, jam-packed life, relieved occasionally by golf (low 80s) or deep-sea fishing, is the product of a near obsession about time-the "fourth dimension in a corporation-beyond men, money and materials." When a G.E. executive recently suggested a 1963 deadline for a project, Cordiner asked for 1959. Says he: "That way we stand a good chance of getting it by 1961. Otherwise, we might...