Word: spurs
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Dates: during 1970-1979
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...Chinese, looking into the future, see Japan looming up as a superpower. They recognize that any weakening of the American position in Asia, particularly in Vietnam and Taiwan (both areas they feel America has all but lost) will spur increased militarism in Japan...
...balanced tax program, some spur to investment in more productive machinery is needed. Nixon's critics make much of figures showing that U.S. industry is operating at only 73% of capacity; these opponents contend that corporate executives are unlikely to increase investment greatly when so much of their existing plant lies idle. The statistics are not gathered by the Federal Reserve, which publishes them, but by McGraw-Hill, Inc., which matches production figures against an annual survey of the capacity increases planned by large companies in 18 industries. Clayton Gehman, a Federal Reserve economist, says that the figures should...
...brought about in part by the President's proposed tax stimulants, which were liberalized by the House Ways and Means Committee last week (see page 27). Next year, a family of four earning $10,000 a year is scheduled to get at least $114 in tax relief. Another spur to spending should be a rise in the public's "confidence factor" as a result of the general realization that inflation is slowing and the economy is gaining after a long period of slack...
...Chilean escudos, Indonesian rupiahs and 100-odd other weak or minor currencies. Most of the weak-currency nations, however, probably would devalue simultaneously or soon after the dollar went down; those that did not would see the prices of U.S. products drop in their lands, which would help to spur American exports...
...defense of the tax credit, Budget Director George Shultz says that it would provide plenty of new jobs in the construction field and capital goods industries, notably in the metal-working trades. Shultz argues strongly that the credit would spur corporations to undertake much needed modernization of equipment "to improve productivity and get costs down...