Word: inflationitis
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Dates: during 1960-1969
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Even so, inflation and the pound's revaluation have cut heavily into her income, which was set at its present level 18 years ago. Her commitments have remained heavy. Queen Elizabeth maintains two of her official residences, and each year must stage numerous ceremonies. She entertains a total of...
AFTER A DELAY of almost two years, the Strategic Arms Limitations Talks (SALT) began yesterday in Helsinki. The event was barely noticed in this country, and SALT possibly qualifies as the most neglected offspring of the Nixon Administration. The President has scarcely mentioned it in public, being more preoccupied with...
What more should the Nixon Administration do to fight inflation?
SPRINKEL: Arm twisting can prevent certain prices from going up, or even force them down. The Government has lots of ways of forcing businessmen to act as it prefers. But does that mean that it really contributes to controlling inflation? Is there any reason to believe that less total spending...
HELLER: By 1971, I see us steaming back toward full employment and good growth. For the later 1970s, I am essentially an optimist. We will get back to a tolerable trade-off between unemployment and inflation, and we will again be growing in real terms at 4% a year. If...