Word: surplus
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...blame the current deficits on a legacy of freewheeling Government spending that he inherited from past Administrations. But an analysis by the CBO challenges that contention. If no laws had been changed during the Reagan years, says the CBO, the budget would be headed toward an $11 billion surplus by 1989. The rise in the deficit results mainly from the 23% personal income tax cut that Reagan pushed through Congress in 1981 and his large military buildup. By 1989 increases in defense spending will almost completely offset the cuts Reagan and Congress have made in domestic programs...
These folks are not at all certain that the presidential caucuses have worked out the way they hoped. Everybody knew that the caucuses were built into kind of a glitzy new service industry designed to bring in the city sharpies with all their money. In February, Iowa has a surplus of snow, gray skies and idle hours. Only money and pool halls are in demand. This year the fellows at Toad's said that none of them got a single dollar of the $10 million lured into the state. Most of the money went to television stations, hotels...
...sold everything we had in the store from size four on up," says Phyllis P. Dixon of Bob's Army Surplus in Raleigh, N.C. "Usually the hunters buy it, but this is the first time we've had bare walls because of the younger kids." Sales increased tenfold over the previous year during the holiday season at Dug-Out, a Chicago store specializing in military garb. Burk Manufacturing Co. of Shreveport, La., one of the nation's largest commercial manufacturers of military-style clothing, has increased its production of camouflage wear by 70% since last August...
Some of the clothes are authentic military issue, sold as surplus or as substandard in some way. But increasingly they consist of commercially made imitations, usually cheaper than the real McCoy but not as durable. Most popular is the so-called Woodland pattern, one of two camouflage styles, along with Desert, currently being worn by U.S. troops in the field. The relatively low price (as little as $13 for a commercial knockoff of four-pocket pants, one of the hottest sellers; from $23 to $30 for the Government version) and the antichic chic have obvious attractions. Robin Figaro...
Some parents find it less cool that their children are obsessed with war-related clothing. But most consider the fad relatively harmless. For youngsters, moreover, the protective coloring can have its uses. Phyllis Dixon, of Bob's Army Surplus in Raleigh, recalls one mother who came home to find her entire neighborhood dressed in camouflage. Says Dixon: "She couldn't find her own kid because they all looked alike." -By Richard Zoglin. Reported by Carol Fletcher/Chicago and Stanley W. Robblns/Atlanta