Word: squeezees
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NEW YORK: BUDGET SQUEEZE
Now that the slump has begun, it poses a severe dilemma for Government policy: How far can recession-fighting measures go before they worsen the inflation that helped bring on the recession in the first place? Speaking to bankers in New Orleans last week, Treasury Secretary G. William Miller asserted...
Some in the city blame Harvard and MIT for much of the housing squeeze, pointing to the universities' insatiable hunger for land and continuing expansion. Nearly 58 per cent of all property in the city is tax-exempt, and the tally grows larger every year, a report released by city...
The industry's task is made still more difficult because it is caught in a massive cash squeeze to pay for building the new cars. That is a burdensome task for mighty GM, whose first quarter profits were off 88%. And it is an extraordinarily difficult one for Ford...
The synfuel legislation does nothing to ease the immediate OPEC squeeze, but its long-range effect will be important. Initially, Carter had called for a ten-year, $88 billion effort to construct a network of synfuel plants that could produce up to 2.5 million bbl. of crude oil per day...