Word: squanderbust
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...Administrations. For the first four years, he said, the Eisenhower Administration had made progress toward the goals of economy and efficiency enunciated in 1952. Now he feared it had been gripped by some "strange and mysterious force," had been lured by the "siren song of socialism," was tending toward "squanderbust government . . . economic inebriation . . . bloated government...
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