Word: inflationitis
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Dates: during 1960-1969
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There is also ample evidence suggesting that many voters are wary of what might be termed the "welfare explosion" of state, federal, and local budgets in the last ten years -- and doubts about the wisdom of government spending are due largely to the inflation caused by the war in Vietnam...
Sir: You must have searched endlessly to find any possible justification for the Pat and Luci cover story [Aug. 5]. American soldiers are being killed in Viet Nam, many of our major cities are riot-torn, Britain's financial crisis is in its most crucial hour, and this country...
This was not as paradoxical as it seemed. What it really added up to was uncertainty about U.S. Government policy. Uncertainty is anathema to investors, and they have felt a lot of it in 1966. The U.S. economy as a whole is still roaring ahead, but inflation fed by war...
Food for Confusion. There were other even more immediate straws of inflation in the wind. Food prices are up all around the country. Last week Agriculture Secretary Orville Freeman traveled to New York for a well-publicized look at the high price of food in the nation's biggest...
What that seemed to suggest was that the Johnson Administration's only remaining anti-inflation policy may be to criticize what everyone else is doing.