Word: frontier
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Dates: during 1960-1969
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...happened, Gordon had all sorts of glowing words to say about the New Frontier's tax program. But the sentiments at issue came while he was under close questioning from dubious members of the Congressional Joint Economic Committee. He insisted that "under current condi tions," with the economy sluggish, attempts to balance the budget would be "self-defeating." Reduced federal expenditures would "reduce private production, employment, profits and wages. This, in turn, would lead to lower federal revenue collections, and a deficit would remain...
...Secretary Orville Freeman, Commerce Secretary Luther Hodges, Treasury Secretary Douglas Dillon. But committee members seemed far from persuaded. Even liberal Democrats pronounced themselves disturbed about that dizzying $11.9 billion deficit in the President's budget for fiscal 1964 (beginning next July). Heller, for one, argued that the New Frontier's program would lay open to the U.S. "one of the most exciting expansionary periods in our economic history." But when Heller said that opposition to the Administration approach derived partly from "the basic Puritan ethic of the American people," Wisconsin's liberal Democratic Senator William Proxmire replied...
...argument is older than the New Frontier, and for all the Administration's talk of bold new solutions, it was oldfashioned (but never fully accepted) John Maynard Keynes doctrine. Though old hat to economists, it might be hard to sell to the Congress, or, for that matter, to the people. With a touch of irony. Congresswoman Griffiths pointed out to Gordon that "we began this Administration with a call for sacrifices, and when you offer a tax cut, it sounds as if you were not asking for a sacrifice." Yet. by advocating tax reduction with the budget deep...
Farmyard Logic. Just as Americans buy Christmas cards of New England churches on village greens they have never seen. Frost spoke to something ancestral (and perhaps vanishing) in the American spirit -the rugged self-reliance of the frontier. Frost seemed a throwback to an earlier time when philosophical and social questions could be handily submitted to farmyard logic. Just because of this, many latter-day critics who set the fashions regarded him slightingly-as a kind of James Whitcomb Riley with muscles. Intellectuals today tend to look on the age of anxiety as an urban affair, a unique...
Yugoslavia diplomatic relations with Albania are "all but broken," a press attache from the Yugoslavian embassy said Wednesday night. He cited Albanian guerrillas operating in Yugoslavia and a barbed-wire frontier as two causes of the tense situation...