Word: higher
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Dates: during 1950-1959
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...Socialists and faint of heart, he preaches his doctrine: "The most successful means for the achievement and retention of prosperity is competition. Only by competition can an economy expand to serve all people, especially in their capacity as consumers, and dissolve all advantages which do not result directly from higher performance. Free competition thus leads to progress and profits for the whole social order...
...discovered that they were living too well. Lulled by the eager world market for their dairy products, bacon, beer, machinery and ships, they let wages, prices and production costs rise so high that they no longer are competitive in their old markets. Nevertheless, unions pressed successfully last year for higher wages despite the fact that unemployment was up to 10%, thus helping drive up prices...
Where will the money come from? "Unfortunately," said DuBridge, "the American people are not used to having the student and his parents pay directly the full cost of higher education. They are used to having it provided practically free at the state institutions and for from one to two-thirds of the actual cost at private institutions." Private tuitions can be raised only so high, for most Americans will look at the new figures "and quickly decide to go to a state university or college instead−and let Mr. Taxpayer pay the bill. So [he] is going...
...controversy. When two of the nation's most admired painters can hold and express views as diametrically opposed as those of Mark Tobey and Andrew Wyeth, a healthy state of tension exists. "Multiple space bounded by white lines," Abstractionist Tobey tells the world without a wink, "symbolizes higher states of consciousness." And Realist Wyeth replies: "What the subject means is the most important thing...
...ever-rising boom-time standards the U.S. has come to expect. Personal income dropped off for the first time since January 1956; department-store sales across the country were off 1% for the week, and carloadings showed a decline. The rate of business failures for the first half was higher than in 1956, and industrial output for September declined...