Word: spurt
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Dates: during 1960-1969
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...import spurt would be easier to tolerate if exports were keeping pace. Export growth has been stunted by several factors: dock strikes in the U.S., the slowing of business expansion in Europe and Japan, Britain's 10% sur charge on imports, and the worldwide plunge in commodities prices, which the underdeveloped nations depend on to earn foreign exchange. And, despite denials from U.S. officials, many businessmen suspect that the "voluntary" cutback of U.S. loans abroad has also hurt the nation's exports by drying up dollars in Europe...
Tougher Than Usual. The possibility of an inflationary steel settlement was only one cause for concern as the U.S. basked in its 54th straight month of prosperity. Even more disturbing was the anticipated spurt in defense spending to pay for the expanding war in Viet Nam. So far this year, President Johnson has demanded only $2.4 billion in supplementary funds to fight the war, but that figure is virtually certain to top $5 billion by the end of the current fiscal year; it could soar as high as $12 billion a year thereafter. In addition, congressional eagerness to expand Administration...
...that Catcher Gene Oliver, who hit only 13 home runs all last year, clouted four in 24 hours to win two games? Or the clutch pinch-hitting of Don Dillard (average: .200), who drove in the winning run twice in a week in the last inning? Or the fantastic spurt of Third Baseman Eddie Mathews, who raised his average 26 points (to .259) and accounted for 25 runs in nine games...
...Optimistic claims have also been made for the administration of a synthetic hormone, similar to testosterone, to speed up the C.F. victim's metabolism. But some doctors complain that improvement after the treatment is mainly superficial and usually shortlived. There is the disadvantage that after a brief growth spurt, a child may be permanently stunted because the hormone shuts down the epiphyses (growth ends) of long bones. Beyond such controversy, the most encouraging news about C.F. is that the combined effect of all the treatments has helped a great many patients to live past adolescence into young adult life...
...Government may or may not serve as a model of responsibility, but it has become deeply committed to deficit financing. The Treasury in effect admits that the current national debt will never be substantially reduced. When a spurt of tax revenues during this year's first quarter temporarily narrowed the deficit to only $100 million, many of Washington's activist economists actually grew nervous; the last thing they want the Administration to do is balance the budget. They feel that the recent tax cuts are not enough to keep the economy stimulated and that increased Government spending...