Word: fasters
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Dates: during 1960-1969
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...fast," says Bowman Kim Kiley, "and we've been faster than Penn all year. But we'll need endurance to be faster when it counts...
...could very well go in as the favorite," says tow-man Dave Tyler, "just on the basis of faster times. But the Henley distance (1 3/4 miles) is a half-mile longer than the 2,000 meter course we row in America, and the heavier boats might have a stamina advantage over the fiinal stretch...
...publicly outlined his own ideas on ending the war. Then, early in May, the Viet Cong proposed its ten-point plan in Paris, and less than a week later the President responded with his own eight-point proposal (TIME, May 23). The prospect for movement was growing faster than Nixon had anticipated. The meeting with Thieu, first planned for July, was moved up to June...
People correctly complain that prices are going up faster under Nixon than they did under President Johnson, but the blame belongs to the Johnson Ad ministration. In the mid-1960s, Lyndon Johnson pressed ahead simultaneously with both the Great Society and the Viet Nam escalation, without requesting an increase in taxes. Between 1965 and 1968, federal spending jumped 47%, and the Government put much more money into the economy than it took out. Johnson feared that if he asked for higher taxes, Congress would balk at paying for what some economists now call the "marriage of the warfare...
...summer the board's governors rroneously concluded that the surcharge might jolt the economy into recession. The board then expanded the money supply at an annual rate of 11%, which meant that there was more money around than the increased output of goods warranted. Naturally, prices went up faster than be fore. So far this year, the board has not increased the money supply at all, but its mistake of 1968 set back the campaign against inflation by about six months. With 20/20 hindsight, Arthur Okun, who was President Johnson's chief economist, concedes that "it has just...