Word: long-running
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Professor Arthur Smithies, who said that monetary policy was "possibly in danger of being crushed by the Harris-Galbraith steamroller," nevertheless agreed with Professor Harris that a rapid introduction of long-run spending programs and more liberal unemployment measures were urgently needed...
...last week's cut does not spur business, FRB was in a mood to cut some more. But despite spreading unemployment it still planned to move slowly. Warned Martin: "We must recognize that excessive stimulus during a recession can sow seeds of inflation that can jeopardize our long-run stability...
Public works programs, however, are irreversable once begun. Rather than avoiding such programs because a sudden economic upturn would make them unnecessary, greater intelligence should be applied to the question of planning long-run civil works projects designed not only to stabilize the economy but to increase the nation's social welfare...
...booked Irma by the week. After an interlude on Devil's Island, Nestor returned to "Coulaincourt, where stroll the filles d'amour," to settle down in unmarried bliss with his Irma. This curdled romantic idyl furnishes the plot for Irma-la-Douce, Paris' most popular long-run musical; it is also the vehicle that launched France's newest singing star, Colette Renard, 28, a onetime Montmartre artist's model...
...Telemovie system proves a long-run success, Video plans to spread it across the U.S. to fatten its own chain of 112 movie houses and 63 drive-ins, broaden it to include live plays, sports and musical events...