Word: interest
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Dates: during 1960-1969
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...National Interest...
...tendency to seek radical and authoritarian solutions. Rockefeller also warns that vociferous Latin American nationalism finds a tempting, natural target in the U.S., "since it looms so large in the lives of other nations." Against a backdrop of danger, the report stresses that the U.S. in its own self-interest must reaffirm its old, and unfortunately unfulfilled, goal of making the hemisphere a better place in which to live for all Americans, both north and south...
...emotional impact on the nation, the Viet Nam war does not provoke the most widespread dissatisfaction with President Nixon's policies. Almost to a man, U.S. citizens feel frustrated by the persistence of inflation and its pervasive effects-high prices, oppressive interest rates and a severe scarcity of credit. Of those who were questioned in the latest Louis Harris poll, published last week, 51% gave Nixon a negative rating on Viet Nam; an overwhelming 79% disapproved of his handling of inflation...
...again switch to an open-handed expansion. This time the change must be carried out with such finesse that, as one high Administration policymaker says, "there will be a guessing game for months." Bankers, businessmen and economists will have to try to figure out whether or not movements in interest rates and bank reserves indicate that the Federal Reserve has actually altered policy. The Administration's policymakers recognize the danger that any shift may be too slow and too gradual to head off a recession, but they seem prepared to take the risk in order to break inflationary psychology...
...another six months or eight months. We have built in a set of developments that we are not going to get rid of very easily. Almost every Government regulatory commission is literally inundated. They are almost impossibly burdened with handling the consequences of the very substantial rise in interest rates and other costs. This is just one manifestation of the pervasive nature of inflation...