Word: overburden
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Some top airmen contend that they could trim fares if Browne's CAB did not overburden them with enforced competition. As Browne conceded, "there has been criticism from some that the CAB is still grinding out route awards every Friday afternoon." But most of those are made on the basis of cases started long ago, when the economy-and traffic-was riding high. Others have been made because of congressional or White House intervention over the objections of the CAB. A classic case was the 1956 award of a New York-Miami route to Northeast Airlines, pushed through first...
...April 1966, the money supply expanded at an abnormally high 9½%-per-year rate, even though inflation was on the rise. Too late, says Friedman, the board reversed itself too emphatically, and caused the "credit crunch" of August 1966. In 1968, the board, fearful that the tax surcharge would overburden the private economy, increased the money supply at an average annual rate of 10%?almost twice the rate that the economy could absorb without inflation. Then, a year ago, the board switched to its restrictive money policies. Six to nine months after these gyrations occur?and sometimes much later?...
...keep longer hours, white merchants resent the competition. More seriously, the immigrants vie for low-cost housing, which is scarce in Britain. Unwelcome in many localities, the new minority groups cluster together and overcrowd their neighborhoods, forcing out white families. Since most immigrants are raising families themselves, they overburden the schools, maternity hospitals and welfare clinics in areas where they have congregated...
...compromise zoning amendment would avoid these dangers. Under its provisions, the buildings on the site would be only slightly more massive than Holyoke Center, and would not, in the opinion of traffic experts, overburden the surrounding streets. They would be, if properly designed, suitable neighbors to the Kennedy Library...
Peter K. Gunness '57, director of financial aid, said the $100 increase would not overburden scholarship students. "At the moment," he said, "our estimates [of a student's earning capacity] are at least $150 under what most students earn from their term jobs...