Word: growthmanship
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Dates: during 1960-1969
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Nixon, claims Schlesinger, is an "other-directed" personality, a "chameleon" with no concrete political philosophy of his own. And his political strength lies precisely in his lack of viewpoint. As examples, Schlesinger cites Nixon's attitudes toward McCarthy, "eggheads," Benson, and "growthmanship...
...jelly" issues on how the U.S. should live with its prosperity. As they see it, the Government should intervene to promote faster "growth" and shift resources from private spending to the "public sector." Nixon dismisses the idea of set ting a specific national growth-rate goal as mere "growthmanship," urges tax reform, and a chance for the time-tested U.S. free enterprise economy to grow without Government controls...
...Nixon's view "the growthmanship school" 1) "argues that the Government should plan and manipulate the economy to arrive at an arbitrary, fixed percentage rate of growth"; 2) believes that any kind of Government activity directed toward this objective is good-including inflation if necessary; and 3) "has greater faith in Government action than in private enterprise as a creative force in insuring economic progress." Asked Nixon: "What sort of society are they proposing?" The way to achieve maximum growth in America, he countered, is not by increasing the size and cost of Government but by: ¶ Expanding...
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