Word: spendthriftness
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Practically everybody is saving more money than over before--except the luckless student. Despite the fact that the national savings rate doubled in 1951 to reach an all-time high of nearly 21 billion dollars, local bankers reported yesterday that undergraduates were as spendthrift as ever...
...they can buy. Japanese businessmen have plunged into a spree of lavish (and tax free) expense-account entertainment, bigger and shinier foreign cars, extravagant nightclubs and pleasure palaces. The sight of an oxcart stopped beside a Cadillac or a Jaguar is no novelty in downtown Tokyo. In this spendthrift, neon-lighted economic chaos, gangsters, blackmarketeers and slick operators-U.S., Chinese and Korean as well as Japanese-wax fat and prosperous. More & more worried Japanese are aware that the imperial city is in danger of becoming another Shanghai...
...political stature," said he, "has been sadly impaired by a succession of diplomatic blunders abroad and reckless spendthrift aims at home . . . There is a growing anxiety in the American home as disclosures reveal graft and corruption over a broad front in our public service. Those charged with its stewardship seem either apathetic, indifferent, or in seeming condonation . . . Despite failures in leadership, [the people] have it in their power ... to reject the socialist policies covertly and by devious means being forced upon us, to stamp out Communist influence which has played so ill-famed a part in the past misdirection...
...considered] a drunkard and a spendthrift . . . The English girls fall all over the G.I.s . . . You've never seen so many pickups and camp-follower girls that tramp up and down the streets in this area. You have no idea how we American people and you people back home are talked about. All of us are the objects of remarks which are certainly nervy after what we've done for them...
Committee should be "a roadblock to unwise, ill-timed, spendthrift, socialistic measures." In the vote, 152 Republicans, 92 Democrats restored the Rules Committee to its old authority; 44 of the Republicans were freshmen-a fair indication of the freshening winds of conservatism...