Word: climbing
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Dates: during 1960-1969
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...economy does grow, for recessions have not yet become unconstitutional. If the gross national product continues to advance at a rate of an average 6-7% annually, tax revenues will increase faster than federal expenses. This will produce a dividend of $8 billion in 1971 and thereafter climb impressively to $35-$40 billion by 1974. By applying the fiscal dividend as he sees fit, Nixon will have discretionary power to fund new programs, increase old ones, reduce taxes-or indeed, some combination of these...
...knickers. Automobiles were still symbols of success; a dad with an Apperson 8 or a Pierce-Arrow or a Hupmobile was forgiven if he showed off a bit by taking the family for a Sunday drive. Radios were primitive; sales of Atwater Kents and RCA Radiolas only began to climb when magazine ads of the '20s proclaimed that "the thrill of radio is no longer in getting 50 stations in a night, for radio has now conquered distance and turns to music...
...Apollo 9 is successful, Apollo 10 will attempt another moon-orbiting mission in May. On this flight, two astronauts will climb into the LM and fly down to within 50,000 ft. of the lunar surface, while a third astronaut remains in the orbiting Apollo spacecraft. But Phillips spiked rumors that the Apollo 10 LM might go all the way down for a landing; the craft is not equipped to land. Instead, Apollo 11 is now scheduled for the landing mission with a fully equipped LM in July or August...
Nixon has quite a bit of room for some mildly deflationary measures because unemployment is so low. Encouragingly, economists of the Johnson Administration believe that the wage-price spiral eventually can be restrained by permitting unemployment to climb back to a politically acceptable rate of about 4%, and letting it hover there for a while. But, warns Arthur Okun, the outgoing chairman of the President's Council of Economic Advisers: "If ever there is going to be a year of bliss for the American economy, it will...
...spoke a Biblicist language to modern men crying for a fresher mode of revelation. Yet even his critics had to acknowledge that theology could never be the same again. "He is a mountain," admitted Dr. Benjamin Reist of San Francisco Seminary. "To get beyond him you have to climb over...