Word: pumpings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Priming the pump is, as Governor Earle admitted, only a temporary expedient even though our per capita debt is less than that of France and England. Purchasing power can be permanently maintained in the absence of government spending only when prices are within the people's ability to buy. When the United States Steel Corporation gave its workers a pay rise and then raised the price of steel by more than enough to cover the rising wage bill, Ben Fairless's giant paved the way for an ultimate reduction in the number of customers for steel products...
Despite his feeling that "pump priming" was halted to soon, Governor Earle himself currently rumored as a presidential possibility in 1940, expressed great confidence in President Roosevelt's ability to find a way out. Blaming curtailment of government spending as a cause of the current recession, he suggested that reactionary advice may have had an influence on the Administration's shift in policy...
...consider other means of creating purchasing power." The phrase "other means of creating purchasing power" could mean only one thing-spending. Realists in Washington felt morally sure last week that unless business picked up in the spring the Administration program for dealing with depression would finally emerge as pump priming. A shot of inflation had worked once, and the needle was still in the medicine chest...
Swedenborg, inventor of a mercury air pump, a stove, an ear trumpet, believer in the feasibility of airplanes, submarines, machine guns, investigator of the brain, spinal cord and ductless glands, was ahead of his time in nearly every scientific field. He believed he talked with angels and spirits, made excursions through Heaven and Hell, received a revelation of the Second Coming of Christ. Though he spent nearly 30 years before his death (date of which he predicted accurately in a letter to Methodist John Wesley) in writing theological works in Latin, he had no intention of founding a church...
...Slashing of Federal "pump-priming...