Word: slash
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Dates: during 1950-1959
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...time may come--a period of full war or of comparative peace--when the government can afford to ignore production in the interests of suppressing inflation rigidly. But until then, the Hercules in the White House must slash away with whatever he has. A little good faith on the part of everyone concerned would sharpen his blade considerably...
...Slash government expenditure by 110 billion francs...
...House Appropriations Committee last week voted to slash $4¼ billion off the $51 billion U.S. defense budget for 1953, and Texas' George H. Mahon, chairman of the Military Appropriations Subcommittee, stood up to explain why. "Actually," said Mahon, "what we have done . . . is to strike a sort of happy medium between the people who want to spend more and the people who want to spend less for defense...
...Nine-Cent Loaf. The new government, he announced, will cut the annual outlay for food subsidies from ?410 million down to ?250 million, a slash of 39%; prices will be allowed to rise in the marketplace accordingly. It means, Butler reckoned, that the food bill of every Briton will rise immediately by about 21? a week. Sample increases: milk from 14? to 15? a quart; stewing beef from 23? to 28? a pound; bread from...
...farm output 20% for the export market, Peron promised his old whipping boys, the farmers, one-third more for their grain. This meant scrapping his policy of paying farmers peanuts for their crops, then selling abroad for millions to finance his lavish industrialization schemes. The President also promised to slash his huge public works program...