Word: surpluses
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When Congress was trying to pare the Pentagon budget last spring, Defense Secretary Caspar Weinberger suddenly discovered a $1.7 billion surplus resulting from miscalculating the estimated inflation rate. That windfall may be only part of the military's reserves. A study by Congress's General Accounting Office has disclosed that the Pentagon may have amassed an extra $37 billion since fiscal 1982 by exaggerating the effects of inflation...
...moan and groan. She'd play along and say, "My God, you're burning up. You're staying home today." When I was shooting a war movie and needed our family Jeep for production value, I said, "Mom, could you put on this tin helmet and this army surplus uniform and drive the Jeep through my shot?" And she'd drop everything, climb into the Jeep, race out behind Camelback Mountain and helter-skelter barrel through the shot, hitting the potholes, her blond hair sticking out from under the pith helmet. And I would have my "production value...
...result, the Administration agreed to help U.S. farmers improve their sagging sales in foreign markets. Keeping that promise, Agriculture Secretary John Block last week unveiled a new program that will in effect subsidize farm exports. Over the next three years the Government will give $2 billion worth of its surplus stock of agricultural commodities, like wheat and corn, to U.S. export companies. Under the plan, exporters will continue to buy grain from American farmers at regular market prices, but could then, for example, combine their purchases with free grain from the Government and thus be able to sell shipments...
...UPON OURSELVES TO USE FOREIGN PRODUCTS AND EXPAND IMPORTS FROM OTHER COUNTRIES. The signs are part of a $600,000 campaign by the Japanese government to follow up Nakasone's April 9 television speech, in which he urged the public to help reduce a $46 billion annual trade surplus, most of it run up with...
...feeling of seeing an I Love Lucy rerun for the tenth time. Nakasone's new plan is the sixth trade- liberalization package announced since 1981. Yet Japan's imports have decreased by nearly 5% in the past three years, and booming exports have more than doubled its annual trade surplus, from $20 billion to $44 billion. In many cases, government initiatives to encourage imports have been thwarted by an entrenched bureaucracy, which writes and administers trade regulations. Concedes Kinuko Kubota, a noted Japanese constitutional scholar: "Our bureaucracy's conditioned reflex is to be frightened whenever it comes to American goods...