Word: unfrozen
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Burns estimates that actual additional federal-construction spending this year will come to only $175 million. One reason: the supposedly unfrozen funds will be slow to trickle down to the states and municipalities. That might be just as well for the nation. Most of the extra money would go to build highways -hardly the country's most pressing social need-and a spurt in highway construction would divert resources from the genuine need of private housing.Said one Administration staff economist: "I can't understand all the excitement about the construction bit. It's all really sort...
...unimaginable in Wilder's heyday, most people cannot share Wilder's optimism. In the 1960s the U.S. has admittedly been spared depressions, cataclysm, poxes, civil war and nuclear devastation-not to mention prevalent permafrost. Alas, few other prophets can speak with the certitude of geologists promising an unfrozen future-as this or any week's news suggests. The Administration claims that Moscow may soon have the capability to devastate the U.S. with a formidable new battery of nuclear missiles. Yet any attempt to counter the Soviet threat (if it is real) would divert scarce funds from urgently...
...also collects rents for owners of foreign properties, buys up blocked accounts at bargain prices, or, on occasion, the inheritance of an heir who has trouble getting his money out of a foreign country. In such cases, Deak is in effect betting that he can get the money unfrozen later or turn a profit by using the funds inside the country. He has the right connections for it. Occasionally, governments buy and sell their own currencies through Deak, creating an artificial demand that boosts the exchange rate and balms national pride...
...million - $155 million released last week, and $35 million unfrozen earlier (total: $265 million...
...Plumber Calls. But the most spectacular tribute came from the growing armies of readers. When the country's newspaper circulations were unfrozen in 1946 for the first time after World War II, News of the World shot up 900,000 in a single week from its 4,000,000 wartime quota. For years, hungry readers queued for it, waited for subscribers to die so they could take the place on the subscription rolls...