Word: breather
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Pinch & Punch. What did the signs add up to? Answers ranged from a breather (Dwight Eisenhower) to a serious recession (Texas' easy-money Democratic Congressman Wright Patman). Various economists and businessmen called it recession, rolling readjustment, healthy adjustment, mild cyclical adjustment, slowdown, shakedown downturn, downtrend, sidewise movement, plateau, leveling off, period of hesitation, soft period, temporary cyclical swing in long-term growth, polka-dot prosperity with the spots getting bigger...
...soon will come the B-526, designed to give the alert force 30% more range. The Air Force has contracted for 30 test supersonic delta-wing B58 bombers for phasing in beside the medium B-473. Already SAC has its first operational intercontinental guided missile: Snark, a lumbering air-breather that cannot break the sound barrier but can dump a thermonuclear payload (as it proved in a flight test last week) on a target less than five miles in diameter at a range of 5,000 miles. A really hot Air Force prospect is Rascal, an air-to-ground missile...
...President's pronouncement last Wednesday that the economy is "taking a breather" emphasized the failure of the government to stem the recent inflation while sustaining a reasonable rate of economic growth. In an attempt to stabilize the price level, the Administration has relied heavily on monetary controls. But the tight money policy of the Federal Reserve Board has been both unfair and ineffective...
...Mountaineers barely staved off an embarrassing upset by rushing Virginia's Iranian Prince. Jim Bakhtiar, making him miss an extra-point kick and saving a 6-6 tie. ¶ Navy, just about the only big-time team besides Oklahoma to find it had a first-game breather, sailed past Boston College...
...parties can tell from the demeanor of his hosts how the shoot has gone. Smiles among the Convair group might mean a promising static-test day for the Atlas intercontinental ballistic missile, frowns among the North American missile monkeys might show a bad day for the Navaho intercontinental air-breather...