Word: dropping
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Dates: during 1960-1969
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House Ways and Means Committee Chairman Wilbur Mills said that the bill would produce an additional $6.4 billion in 1970, then drop to a negligible $288 million in 1971. By 1972, the government will be receiving $1.7 billion less than present revenues, and the loss will grow to $3.7 billion...
...Timothy Leary coins slogan for the psychedelic generation-"Turn on, tune in, drop...
...days, Elbrick, 61, had been known to drop in on local samba clubs and dance into the wee hours. Now his ebullient style has been severely cramped. A couple of Marines camp out in his Rio residence. As many as 30 Brazilian security men shadow him at times. So many guards follow him to Sunday Mass that he has to come late and leave early to avoid a commotion. Only once since the kidnaping have Elbrick and his wife ventured out for a private dinner with friends, and security precautions turned the evening into a shambles. The besieged ambassador cannot...
...Sprinkel, senior vice president of Chicago's Harris Trust and Savings Bank. Henry Kaufman, partner in the Manhattan investment firm of Salomon Bros, and Hutzler, expects "a mild but sustained recession." He foresees a 15% to 20% drop in corporate profits...
M.I.T.'s Paul Samuelson, a leading Keynesian economist, has complained that Friedman's students are "brainwashed" because they cannot stand up to their teacher in classroom discussion. But nobody questions Friedman's popularity on the campus; in addition to his 30 regular students, another 100 drop in to his classes to listen. Some of Friedman's followers do take too literally the ideas that Friedman states in extreme form partly for shock value. "That is an effective device to get people's attention," Friedman admits. It also adds zest to economic dialogue. Samuelson says: "To keep the fish that they...