Word: total
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Dates: during 1960-1969
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...draining down to raise the water table, and farmers are assured of at least four years of well-watered soil. Most important, the rains that battered 80% of Tunisia bypassed coastal resort areas whose hotels account for $40 million in tourist revenues annually. Even so, cancellations already total...
Threatening Thimble. So far, the total quantity made in Russia, the U.S. and Britain would fill little more than a thimble. But researchers are busily making more, and the process is surprisingly simple. A vacuum is created in a bowl that contains tiny glass capillary tubes; water vapor is introduced into the vacuum, and in two or three days polywater collects in the capillaries. Scientists conjecture that polywater's strange properties might eventually make it useful as a superlubricant, a substitute for antifreeze, or fuel for an extraordinarily efficient steam engine...
...other side of the coin is that if Nixon pushes anti-inflationary policies too long or too hard, the result could indeed be what most economists define as a recession: at least two successive three-month periods of no real growth in the total economy, a condition that is almost sure to bring about a substantial jump in unemployment. At present, the nation might find such an experience particularly troublesome. A recession could aggravate social unrest. The jobless rates among blacks normally run twice as high as those common whites; among blacks under 25 years old, they often reach five...
...intricacies of monetary theory generally seem as mystifying as the Mock Turtle's description in Alice in Wonderland of "the different branches of arithmetic?Ambition, Distraction, Uglification and Derision." Money supply can be measured in four ways, but Friedman prefers to use the total of currency in circulation plus checking accounts and time deposits in banks. The Federal Reserve controls the rate at which money supply grows or shrinks chiefly by buying or selling Government bonds. When the board buys bonds, it automatically raises the quantity of reserves available to banks; this increases the amount of credit that banks...
...elevators, "a free-lunch program for mice and rats." PUBLIC HOUSING. "It was instituted in the 1930s to improve the housing of the poor, give the poor a sense of pride, and reduce juvenile delinquency. The effect, in each case, has been exactly the opposite. Public housing is a total failure. The major beneficiaries are the people who sell their property for housing projects. Some of the poor benefit, but at the expense of other poor people, who are forced to vacate bad housing and occupy worse." SOCIAL SECURITY. "It is a means of taxing the poor for the benefit...