Word: planners
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Dates: during 1950-1959
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Government by Faucet. With Nehru's guns mounted on the hillocks of free enterprise, Planner Mahalanobis confidently expects to manipulate the economy with august precision. Says he: "We merely turn the taps of consumer goods or income on and off as the plan requires." India cannot build enough modern, mechanized factories, but Mahalanobis says he can turn out consumer goods and create jobs for India's huge army of unemployed (some 25 million, and growing in annual leaps of nearly 2,000,006) by building up cottage industries in the villages. Example: he would permit no expansion...
...parliamentary delegation from France, Khrushchev disclosed that the Soviet Union was freeing 23 French prisoners and added genially: "Some way must be found to reaffirm French-Russian friendship." Next day, Chief Economic Planner Maxim Saburov crooned: "Why does France sacrifice her own interests for those of her partners? Our orders for ships, machine tools and other goods would provide good earnings for French businessmen and workers." ¶ Having won its earnestly desired diplomatic relations with West Germany by agreeing to release prisoners who should have gone home years before, Khrushchev tried the same tactics on the Japanese...
After Salt Lake City's biggest department store put up its own 550-car garage (TIME, Dec. 6), sales climbed 18%. Milwaukee merchants got together to set up Downtown Parking Co. Inc. In residential neighborhoods, small lots and garages can ease the problem: Architect Richard Roth, planner of a score of Manhattan's newest office buildings, estimates that a 60-car lot can be made to pay off. With coin-operated gates, automatic devices to stack cars and other new parking machines, garages can bring down handling charges and cut rates...
Last week Planner Li ordered even more drastic cutbacks, especially in agriculture. The target for grain output in 1957 will be lowered by 12%. Instead of driving one-half of China's peasants into collective farms in the next 2½ years. Peking will be content to drive only one-third of them. But let no one imagine that this means any letup in the drive to collectivization, said Li Fu-chun. "China's small peasant economy" must be abolished and replaced with "collective farming...
Fifty Years to Go. Many of the big new plants promised at last week's Congress are to be built in the mountainous interior, as far away as possible from U.S. bomber bases. Among them, Planner Li expects to develop atomic-energy plants, built with "direct Soviet aid." Red China also plans to keep on spending far more than it can afford on guns, tanks and planes, "because the imperialists are still encircling China, and she must . . . liberate Taiwan." Hidden in Peking's budget for 1955 was a sizable increase in arms spending...