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Politics is a much discredited profession these days. Even the mildest "anti-war actions" are not attracting the support they did a year ago. Yet what are we to do? The F.B.I. continues to practice selective repression. We continue to spend three quarters of a billion dollars on defense while poverty, pollution, and racism eat away at our society. Our military machine and its puppet armies continue to ravage Indochina daily while we raise scarcely a whisper...

Author: By Thomas P. Southwick, | Title: Politics McGovern Runs for President | 2/17/1971 | See Source »

...Administration has actually had "enormous success" in trying to arrest inflation by following his monetary prescription. "The medicine is working on schedule," he told TIME Correspondent Jacob Simms. "We have been attacking the severest U.S. inflation on record except for times of major war, but the recession is the mildest in the postwar...

Author: /time Magazine | Title: Business: Milton Friedman: An Oracle Besieged | 2/1/1971 | See Source »

...other indicators. N.B.E.R.'s experts are now strenuously debating the correct label to place on the slump. Says Vice President F. Thomas luster: "We're right on the fine edge between calling it the most severe downturn that was not a recession-or one of the mildest recessions since World War II. It could go either...

Author: /time Magazine | Title: THE ECONOMY: Nixon's Recession? | 1/18/1971 | See Source »

...fifth recession since World War II-and the mildest-but it interrupted the greatest advance of prosperity that the nation had ever known. The shock of unexpected reverses left deep psychological scars on businessmen, workers, shareholders and politicians. Almost every segment of the population felt aggrieved. Reflecting the uncommon discontent, Brooks McCormick, president of International Harvester Co., said: "The nicest thing about 1970 is that it's over...

Author: /time Magazine | Title: Business: 1970: The Year of the Hangover | 12/28/1970 | See Source »

...that in many nations the revolutionary party he helped create is regarded as reactionary by the anti-Establishment young-witness the ferocious diatribes against French Communism by students involved in the May 1968 revolt. The newest revolutionary impulse is not economic or political but romantic and sensual (at its mildest) or anarchic (at its harshest). The young rebels oppose material progress and the very principle of organization-including Communist organization...

Author: /time Magazine | Title: Essay: LENIN: COMMUNISM'S CHARTER MYTH | 4/27/1970 | See Source »

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