Word: past
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Dates: during 1960-1969
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...past eight years, industrial production has gone up more than 50%, the gross national product has advanced more than 70%, and corporate profits after taxes have increased almost...
...least of the economy's strengths has been its resistance to stresses and strains. Over the past eight years, production and general prosperity have continued to grow vigorously, despite political assassinations, race riots, international monetary crises and breaks in the stock market. In the past year the economy advanced in the face of all of that, and more. Yet economic Utopia is far from the nation's grasp. This year, the expansion has gone too far, too fast. In fact, there have been excessive increases in three vital areas: wages, prices and Government spending. During 1968, more than...
Even so, Walter Heller and other eminent economists maintain that inflation will continue to plague the U.S. for years to come. The task for 1969 is to gain stability without losing much of the very real progress of the past eight years. As former Eisenhower Economist Raymond J. Saulnier notes: "A stabilization program always risks recession...
...imbalances, the economy seems healthy enough to continue expanding despite obvious problems and pressures. In 1969, the U.S. is likely to experience more of what it has had for the past eight years: continued monetary alarms and inflation at a somewhat lower rate-but no recession...
...Last week, hoping to reverse that trend sharply, the world's largest steelmaker picked a new management group. To succeed Lawyer Blough as chairman and chief executive, Big Steel's directors chose Edwin H. Gott, 60, an operations man who has been president for the past 18 months...