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Word: surpluses (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...stopgap solution was to parcel out $5 billion of an estimated $5.8 billion surplus in state revenues to more than 6,000 local government units. The schools will get the biggest chunk of the fund, $2.2 billion. That will mean only a 10.5% overall cut in their operating cash from current levels. The relief money will be applied on a sliding scale so districts that have long had less money for schools will get the most. This will help meet a California Supreme Court decision that support of schools should be equalized...

Author: /time Magazine | Title: Nation: Coping with the Tax Cut | 7/3/1978 | See Source »

...Japanese had not made war, then the Chinese would not have cut the dikes of the Yellow River to stop them by switching the river's course. Then, perhaps, the ecology of North China would not have changed. Or, perhaps, food might have been packed in from food-surplus areas. But in addition to the war had been the drought. That was nature's guilt. At this point, men had become guilty-either for what they did or failed...

Author: /time Magazine | Title: Special Section: In Search of History | 7/3/1978 | See Source »

...been working. Exports to the American market alone jumped by 35% in May. Japan's Economic Planning Agency conceded that the nation will ship out $23 billion more in goods than it will bring in this year, and in the process pile up a whopping $9.5 billion surplus with...

Author: /time Magazine | Title: Business: From Go-Go to Go-Slow | 6/26/1978 | See Source »

...long argued, the surest way for Japan to reduce its trade surplus is to step up the expansion of its domestic economy. That would increase demand for imports as well as for domestic goods that might otherwise be exported. To this end, Prime Minister Fukuda has pledged his government to a huge deficit-spending program, which includes $22 billion for improving Japan's long neglected highways, bridges and pollution controls. Another $10.5 billion is being spent for 550,000 sorely needed new housing units. As a consequence, consumer spending is reviving, the once mountainous backlog of inventories is fast...

Author: /time Magazine | Title: Business: From Go-Go to Go-Slow | 6/26/1978 | See Source »

...strong, agree the government, business and even labor. The developing feeling in Japan that the economy must be restructured to grow more slowly is based on other factors besides the fear that a huge trade surplus would ultimately raise high the walls of protectionism abroad. The increasing value of the yen automatically increases the prices of Japanese goods overseas, inevitably hurting an economy based so heavily on trade. In addition, Japan's shipbuilding yards and textile mills are meeting tough competition from spanking new facilities in lowpaying, less developed nations such as Brazil and South Korea. Small-and medium...

Author: /time Magazine | Title: Business: From Go-Go to Go-Slow | 6/26/1978 | See Source »

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