Word: ackley
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...power of the council has varied from President to President and chairman to chairman. The CEA's influence reached its height under Walter Heller, who advised Kennedy and Johnson and devised the very successful tax cut of 1964. Gardner Ackley, Heller's successor, recalls meeting with Johnson as often as three times a day. On occasion they talked economics while rambling around in a Jeep on L.B.J.'s ranch...
...controversy between the President and his chief economist was disturbingly reminiscent of the dispute in 1966 between President Johnson and his Council of Economic Advisers. Council Chairman Gardner Ackley argued that taxes had to be raised to pay for the Viet Nam War, but Johnson would not hear of it. He later changed his mind and signed a tax-increase bill in 1968, but the delay was a costly mistake. Many economists believe it helped unleash the inflationary spiral that U.S. policymakers have been battling ever since...
...expedition's gruff leader was unfazed. John Ackley (call sign: KP2A) had made a fortune by selling his New Jersey computer firm in 1976, then founded the tax-exempt International DX Foundation to promote worldwide good will by sponsoring such DXpeditions. His foundation had supplied all of the radio gear, while the trip's cost (more than $10,000) was split among the nine operators. Ackley set off with two crewmen in a 12-ft. dinghy, powered by a 25-h.p. outboard motor. One crewman skillfully maneuvered the tiny craft through the heavy seas to put Ackley...
Curator Clifford S. Ackley has aggravated the problem by deliberately arranging the works so as to "creatively confuse people by breaking down categories" within the art. Confusion might be creative at a cocktail party, but it does little to increase the understanding...
...Roger K. Ackley, President...