Word: spiraling
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Dates: during 1940-1949
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Ceiling of Zeros. With their heads in a spiral nebula of billions, Congressmen were treated to a floor show which brought the question of budgets down to its simplest terms. Into the House chamber walked California's Helen Gahagan Douglas with a shopping basket which she toted right up to the microphone. She had used the same shopping list last June, when the items in the basket totaled $10. Now, in a horrifying crescendo, she rattled off the post-OPA increases: butter, from 65? to 82?; eggs, 53? to 69?; two pounds of pork chops ("the poor...
...Make no more cars until an end had come to "the insane spiral of costs and prices...
...economic organism subject to violent cyclical swings from boom to bust, each is out to get more than just a fair share. Both sides, labor and management want that "extra" which may mean the difference between life and death in the depression. The result is the upward spiral, and the crash...
...full larder are running out. It is time for Congress to begin to plan concretely, to prepare for useful public spending, for the stimulation of private investment, for increased mobility in the labor market, for all those rationalizing tactics in fiscal and tax areas which will prevent the sickening spiral downward into the dumps of joblessness and despair. It's getting very late...
...last week there were indications that both labor & management were trying hard to avoid the mistakes that sent wages chasing prices in an exhausting spiral last year. Economists thought that, barring the shock of sudden industrial upheaval, the inflationary crisis had passed. Labor knew that falling prices were already pumping new buying power into existing wage scales...