Word: maintain
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Dates: during 1960-1969
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Stimulate, Not Stifle. To Johnson, the nation's economic growth was a triumph of the free enterprise system. But much of the rising confidence in the ability of the U.S. to break "cyclical patterns and maintain its prosperity rests on Johnson's own demonstrated talent for creating the conditions under which the free enterprise system can function most efficiently. He appreciates the vital distinction between Government action which stimulates the economy and that which stifles it. In meshing the disparate parts of the highly complex system, he would rather coax than coerce. Johnson has earned the trust...
...Close Watch." As for inflation, Johnson issued pointed warnings to both labor and management. "I count on the sense of public responsibility of our labor leaders and our industrial leaders to do their full part to protect and extend our price stability. I intend to maintain a close watch on wage and price developments and to draw public attention to those private actions which threaten the public interest...
...prolonged steel strike, the continuing drain on U.S. gold, and "disturbing" pressures toward inflation. Johnson pledged that "the full resources of this nation" will be used to keep the gold value of the dollar at $35 an ounce, and requested elimination of the statutory requirement that the U.S. maintain a gold reserve equal to 25% of the deposits in its Federal Reserve Banks...
...forward only a year, deals mostly with immediate procurement problems. The second, the Joint Strategic Operating Plan (JSOP), tries to account for the nation's military needs for the next ten years-what weapons and equipment must be developed, and how much they will cost to attain and maintain. The third, the Joint Long-Range Strategic Study (JLRSS), contemplates a 14-year period. What new international trends or crises might crop up? How should they be met? A JLRSS study might assume that by 1979 the entire Arab Middle East would be firmly united behind Egypt's anti...
...Week, March '61 describes a brilliant high-powered Harvard and its ruthlessly competitive admissions procedure, noting that "The 'tigers' who survive are forcing the college to change its approach." In Look Magazine, Andrew T. Weil tells of the drug-taking set who formed a "Transcendental community where they could maintain a level of experience which cuts beyond routine ego and social games," noting also that "there were stories of students using hallucinogens for seductions, both heterosexual and homosexual." But it was The New Yorker and Gent magazine that did the most to refurbish my faith in the glamor and excitement...