Word: spurs
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Dates: during 1970-1979
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...budget deficit. It is necessary, officials argue, in part because Uncle Sam should put back into the economy money that states and cities are draining away by running big budget surpluses. The argument is more than a little questionable because these surpluses will not restrain the economy but will spur it by making possible state and local tax cuts and more spending on services. But there is no denying the basic fact: most state and municipal treasuries are indeed flush with more cash than they have had in many years...
...policy includes an incentive program for states to channel more money to urban areas--partly by retargeting federal money given to states to finance unemployment insurance programs--and calls for the creation of a National Development Bank that could loan up to $11 billion to cities to spur business and development...
...Greene has seen done in the name of ideological purity around the globe. Still, just as in his other novels it takes the Church to shake his heroes out of their boozy battles with doubt and despair, here it takes someone else making a moral claim on Castle to spur him to act. When he finally defects to save his neck, and settles down as an honorary Soviet citizen, he does so only out of a reluctant sense of personal loyalty. There may be personal heroism involved here, but it is all done grudgingly...
...high inflation (at 14%, Europe's worst) that helped touch off the crisis. After Andreotti becomes Premier for the fourth time this week, he plans to cut spending, increase tariffs, curb wage hikes and channel more funds to private investors through loans and tax incentives in order to spur industrial development. He will also try to close a projected $10 billion budget gap by reducing such benefits as medical care and pensions...
...achievement is remarkable: the Germans are now producing the most original films outside America. Their very lack of experience, otherwise a handicap, is a spur to creativity. They are ignorant of what they are not supposed to do, and they look at movies with the same fresh and vigorous eyes that the pioneers did 50 and 60 years...