Word: lyndon
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Dates: during 1960-1969
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THOUGH Viet Nam has been his specialty since 1961, Sir Robert Thompson was never influential with either John Kennedy or Lyndon Johnson. It was Richard Nixon who embraced his views wholeheartedly-most likely because they coincide with...
...more serious problem is financing. President Nixon has given the Mekong project less support than Lyndon Johnson did. Washington has shortsightedly refused South Viet Nam's request that the U.S. contribute one-fourth of the money to build a $22 million bridge across the Mekong in the southern delta. U.S. officials contend that security problems and the cost of Vietnamizing the war make bridge-building unrealistic now. They deny any change in policy, saying that Nixon is simply waiting...
...Administration's economists admit that they are practicing brinksmanship. Anything more severe than a mild or brief recession would damage Republican chances of winning more Senate and House seats in next November's election. It will avail Nixon little politically to blame inflation on the Johnson Administration, even though Lyndon Johnson's failure to ask for higher taxes in 1966 to help meet Viet Nam costs is a major source of today's problem. Some congressional Republicans believe that Nixon will arrange to relax the money squeeze well before ballot time. But at least one of the President's most...
...harmful as the public's disenchantment with Lyndon Johnson's Viet Nam policies...
Nixon's difficulties are complicated by the fact that the Republican Administration and the Democratic-controlled Congress have hit an impasse on fiscal policy. The President has trimmed $7.5 billion from the federal budget that he inherited from Lyndon Johnson and ordered reductions in Government construction. Congress has consistently voted this fall to raise federal spending above the levels that the White House wants. Last week Nixon announced that he would impound appropriated funds, if necessary, to keep the Government from running an inflationary deficit in fiscal...