Word: bankbooks
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Dates: during 1970-1979
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Scott is willing to risk not only his reputation but his bankbook. Shortly after he gained the first financial security of his life in 1961, he and his wife Colleen Dewhurst moved from New York to Detroit to establish a community theater. It was Scott's dream that his Theater of Michigan Co. would give direction to the national theater movement in America and eventually revitalize Broadway. The group's first two plays were badly received in Detroit and lasted a total of 15 performances when they finally limped onto Broadway. To keep the company going, Scott had spent...
...economic morass." The attractiveness of the economic issue is obvious. One can be accused of excessive partisanship for criticizing the President's foreign policy. To attack the Administration for provoking domestic unrest is to risk a backlash from those weary of dissent. Appealing to the voters' bankbook is never dangerous. The President understands this well. He believes one of the reasons he lost the 1960 election was that the Republicans had allowed the economy to slow down. But he remains convinced that he can control the economy by cutbacks in Government spending and tighter credit...