Word: junes
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Dates: during 1960-1969
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Effective at Mystifying. To a large degree, De Gaulle has only himself to blame. In June's national elections, French voters gave Gaullists the first absolute majority granted any French party in the National Assembly in nearly a century. However, as former Finance Minister Valery Giscard d'Estaing last week put it, "The results of the elections did not show an expression of confidence but a need for confidence." De Gaulle, now 78, has of late seemed to lose his ability to provide the forceful leadership France requires. "In the country of Louis XIV, to be governed means...
...usual radio diet of the Soviet citizen. But during five years of U.S.-Soviet detente, listeners in the Soviet Union had a simple alternative. A flick of the dial pulled in Western news, commentary-and even the throbbing beat of hard rock music. Moscow's decision in June 1963 to abandon jamming Western programs was an indication of the U.S.S.R.'s interest in a rapprochement with the Western world. Now the jamming is on again...
...Last June he became Xavier's president, a job that throughout the school's 43-year history had been held by white nuns who fully shared lay-Catholic Francis' own concern for improving educational opportunities for blacks. Francis' declared aim is "to steer students into the mainstream of American life," and he has very little patience for the radical Negroes who would rather go it alone. Students must be taught pride, he admits, but they must also be taught the tools with which to compete. "Math is math," he says. "It's not black math...
Though there are a few signs of a slowdown ahead, the economy so far has resisted all attempts to curb its expansive excesses. Congress belatedly passed a 10% income surtax in June, but production and demand-and prices -only kept moving higher. From November 1967 through last April, the Federal Reserve Board raised the discount rate three times, boosting it from 4% to 5½%, a 39-year high. The board later dropped the rate to 5¼% , but last week, declaring a new assault on inflation, it lifted the rate again to 5½%. Whether the rise will have...
...increase in Social Security taxes; the maximum payment, for people earning $7,800 a year or more, will go up from $290 to $374. On April 15, millions of Americans will have to pay out a lot more to cover the 10% surtax on their earnings from April through June 1968, when the surtax was not withheld from paychecks. In addition, with the slowdown in Government spending and the rise in tax revenues, the federal budget may even show a small surplus in the current fiscal year ending June...