Word: run
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Dates: during 1960-1969
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...most of the blocks in the show, confessed that he was "flabbergasted" when he saw what had been done with his product. "Everything I saw there was something I had seen, made or handled myself. It never crossed my mind that they could become art objects." He foresees no run on old hat blocks, however. Empire, in fact, has just burned a couple of thousand for lack of space...
...Long-Run Loss? The law has just been upheld by a 2-to-1 vote of a panel of three federal judges. Its chief purpose, said the majority, is to "promote the welfare of the people." While it may indirectly benefit sectarian teaching, the state remains neutral toward religion-just as it does in providing parochial schoolchildren with free lunches, a practice already considered legal. Because the Pennsylvania law does not "advance or inhibit religion," said the majority, it satisfies the First Amendment...
...Rhode Island, Connecticut and Ohio have enacted similar laws to help their troubled parochial schools. Many other states are considering a move in Pennsylvania's direction. Whatever the outcome, critics argue that a victory for nonpublic schools in the Supreme Court may produce a loss in the long run. For one thing, there might be less money to go around for public schools, especially those in the ghetto. In addition, critics note, to win tax support the church schools must prove that they provide a public service and also submit to more legislative regulation. The result could be less...
...successive three-month periods of no real growth in the total economy, a condition that is almost sure to bring about a substantial jump in unemployment. At present, the nation might find such an experience particularly troublesome. A recession could aggravate social unrest. The jobless rates among blacks normally run twice as high as those common whites; among blacks under 25 years old, they often reach five times the overall rate...
...Paul McCracken is a socially sensitive man who fully recognizes the dangers involved, he argues on behalf of the Administration that "We have no alternative but to risk overstaying with policies of restraint." Economist Gabriel Hauge, chairman of Manhattan's Manufacturers Hanover Trust Co., agrees: "The nation has to run the risk of getting into a recession. We should not be afraid of overkill...