Word: tightens
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Dates: during 1970-1970
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...campaign, Richard Nixon promised to stop inflation while throwing exactly three Americans out of work?the three members of Lyndon Johnson's Council of Economic Advisers. That partisan hyperbole encouraged the illusion that inflation can be stopped painlessly. It cannot. Whatever else the Government does, it must tighten spending and credit policies in order to wring excess demand out of the economy. Removing the excess inevitably bounces the marginal workers back onto the streets again...
...have to tighten our organization," Bales said last week. "Each wing of the department must define what it needs and not bite off more than it can chew. That way we might be able to get more money from the Dean to hire more full-time faculty...
...tighten our organization," Bales said. "Other programs are taking bites out of Soc Rel's resources, and the present department doesn't seem to be able to stop them. And the department doesn't seem to be able to make a sufficient appeal to the dean for more financial help...
...federal government will tighten record-keeping on legal manufacture of the drugs, while expanding educational and rehabilitation programs...
...colonial headquarters fended off a flood of transocean phone calls from anxious shareholders in many far-off countries. Emerging from one meeting, Vice President Joseph Jordan delivered a pep talk to worried USIF salesmen. "We are solvent," he said. "If we have to, we'll clear the deck-tighten our belts, cut officers' salaries, drop employees. I get nothing. The shareholders will get paid." That, of course, remains to be seen. Gramco places such generous valuations on its properties that some U.S. real estate men doubt that they could be sold now-except at a loss...