Word: risings
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Dates: during 1960-1969
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...urgently" asked for prompt congressional approval of a temporary 10% surtax. The measure would take $10 billion out of circulation in the next fiscal year, easing pressure on interest rates and prices. At that, 1968 would hardly be austere. According to Johnson's projection, the G.N.P. would still rise more than 7%, to about $846 billion. Of the total, about 4% would reflect genuine gains, with the remaining 3% attributable to inflation. Without the tax bill's restraining influence, the Administration believes, these estimates would be thrown off completely...
...just ten stocks, the names of which are a well-guarded secret. Hathaway and men like him are not averse to selling any stocks that fail to do as well as expected. Some institutional managers figure that if money goes up 100% in one stock, it does not rise as much as if they had bought five stocks successively and sold each one when it advanced 20%. Had they done the latter, they would be starting from a bigger base each time, and the money would appreciate...
...Rise...
Johnson's decision to reduce funds available for new research facilities has not affected federal support for academic research projects. Grants for research in colleges and universities will rise from 1.45 billion dollars to 1.64 billion dollars in fiscal 1969. The two government agencies which provide most of Harvard's research money--the National Institute of Health and the National Science Foundation--have had their budgets increased, although Trottenberg fears that "the small increase will just compensate for rising costs resulting from inflation...
...paper work involved in administering the plan, since it seems unlikely that Congress will want to appear to be covering banking interests. The rest of Johnson's proposed increase will be largely eaten up by quick growth of the number of students who need financial help and the continued rise in college costs...