Word: bloated
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Dates: during 1981-1981
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...though the air traffic controllers present an easy target, being well-paid if overworked and subjected to ulcer-inspiring stress, they will be just the start. Before long, all public employees will be facing pink slips should-they dare to ask for more money (money Reagan must use to bloat the defense budget and the safes of oil companies), and with that precedent, it will soon be private-sector employees accused of tampering with national security. Hello, 1890s...
...invincibility from his decisive, and uncompromising, victory in paring $36 billion from the fiscal 1982 budget, which was formally approved by Congress last week. His extensive three-year tax cut program, however, enjoys far less support both in Congress and throughout the country, mainly because it threatens further to bloat the federal debt and aggravate inflation. As if to dramatize such fears, the nation's leading banks last week raised their prime lending rate to 20.5%, up 3½ percentage points in one month. Moreover, last week's report that the gross national product had surged...