Word: inflationitis
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Dates: during 1960-1969
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Traveling around Virginia and Pennsylvania last week, White House Correspondent Simmons Fentress found that most people give Nixon good, if not spectacularly high marks on his first 60 days. At the same time, the President has made almost no headway at all in converting the young and the blacks, who...
No. 1 Problem. While it is too soon for certainty, there are signs that those who expect particularly gentle treatment will be disappointed. The President has made no sudden or sharp breaks with the business policies of his Democratic predecessors, nor is he likely to do so. The No. 1...
French workers are eager for wage increases to cover cost-of-living increases. Prices have been rising by an annual rate of about 6%, faster than in any other Common Market country. Consumer costs have been swollen further by huge tax increases designed to dampen demand. Inflation has debased the...
Question of Confidence. De Gaulle had to settle for a standoff. Now he must somehow achieve a labor settlement that will be noninflationary, yet generous enough to head off upheavals by workers. The government, aware that any wage boosts of more than 6% a year would greatly aggravate inflation and...
Although both the AEC's yearly grants of $1.35 million to Harvard researchers and of $35 million to the CEA will remain constant, general inflation causes five to six per cent yearly decrease in the purchasing power of these funds.