Word: swollen
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Dates: during 1960-1969
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William Minney, Buildings and Grounds College Area Superintendent, estimated the repair costs in the "Low thousands of dollars." He said that B&G will have to refinish the warped floors and repaint the stained ceilings and water-swollen walls...
...often, big federal spending has produced not social miracles but merely a swollen bureaucracy and the anger of those who feel cheated by the gap between promise and performance. The nation now has ten times as many federal agencies concerned with city problems as it had in 1939, and the problems are worse. The lesson is that federal programs tend to be innovative only at first; soon both their officials and their beneficiaries, such as subsidized farmers, share a vested interest in making eternal what no longer makes sense. Even after their purpose is achieved, federal agencies rarely fade away...
...shifting opinion of the economy's needs. Such fluctuations are usually reflected in the performance of the whole economy six to nine months later. Between April 1965 and April 1966, for example, the money supply climbed at the rate of 9½% a year, and the war-swollen economy began to suffer from inflation. When the Reserve Board overreacted, it slammed on the brakes too hard. Until January 1967, money supply was allowed to grow at a yearly rate of only 3.8%. The result, says Friedman, was the first-quarter slowdown that analysts dubbed the mini-recession...
...looked with my two microscopic lenses into his eyes. I could see every line, yellow spider webs, red network of veins gleaming out of me, I said, John I'm afraid of you. His eyes got bigger, then he began to laugh. I could look inside his mouth, swollen red tissues, gums, tongue, throat. I was prepared to be swallowed. Then I heard him say, Well that's funny Doc, 'cause I'm afraid of you. We were both smiling at this point, learning forward. Doc, he said, why are you afraid of me? I said, I'm afraid...
...date the decision to go ahead was made. But national intelligence estimates can project potential enemy defensive capabilities only two to five years in advance. With this gap, the nation could be committed to an $8.1 billion weapons system it might not need. And with the defense budget already swollen with the demands of Viet Nam, McNamara refused to take that risk. Also, some defense officials felt that in the missile age, manned bombers were unnecessary. With Clark Clifford's arrival in the Pentagon, attitudes changed. The new Secretary of Defense was "inclined" to agree that there...