Word: kennedyism
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Dates: during 1960-1969
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The techniques of the M-day organization are the same as those of the New Politics of 1968: to speak with a moderate yet deeply committed voice, to work through zealous grass-roots volunteers (armed with lists of sympathizers from last year's campaigns), to force the issue of the...
Immediately, critics from both parties castigated as unfeeling the official assertion that 4% unemployment is acceptable. The stock market dropped again after Kennedy's statement about controls. Once more Nixon issued disclaimers and, a day later, so did Kennedy.
It hardly matters that Kennedy was right the first time. Nobody expects that the U.S. can defeat inflation by conventional means unless it accepts at least a 4% unemployment rate, and if inflation continues to soar, the Administration may indeed be forced to introduce controls. But Kennedy, a longtime top...
Treasury Secretary David Kennedy is becoming an increasing source of embarrassment to the Nixon Administration. His chronic foot-in-mouth habits, which are costly in terms of both dollars and prestige, began to be revealed the moment that he was appointed. Last December, Kennedy said that he wanted "to keep...
Last week Kennedy did it again. During questioning by friendly Republican Congressmen on the Joint Economic Committee, he was asked whether the current 4% unemployment rate was "acceptable or unacceptable." Ignoring a prepared statement that a staffer hastily handed to him, Kennedy replied with more candor than tact: "Under present...