Word: productive
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Dates: during 1950-1959
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When it came to other cures, Houser's antirecession committee came out for expansion of Government spending already under way and product improvement and price reductions by business, suggested that President Eisenhower use his influence to get a one-year moratorium on price and wage hikes. But the idea of a price-wage freeze got little support from the meeting's free enterprisers, who had no enthusiasm for urging the President to take such a direct hand in the wage and price process, even on a voluntary basis...
...Advocate's April issue contains one poem which is not merely an experiment, but is also a poem-for-readers. Richard Sommer's "Three Legends for Fishes" is the finished product of a competent craftsman, and makes the rest of the issue seem unusually amateurish. Although "Legends" would not deserve the American Academy Poetry Prize which Sommer has won in his second year of graduate school, the poem nevertheless shows a consideration for the reader which is conspicuously absent from the work of most younger writers, including the other three contributors to this issue...
...Russia's gross national product, already second largest in the world, although less than half that of the U.S., is rising twice as fast...
...recession played a large role. Said G.M.'s "Red" Curtice: "The automobile industry did not cause this recession. It is a victim of it. The recession began six months before it got to us. It is historically the case that a small decline in gross national product produces a much sharper decline in automobile sales. This is true because the automobile is a postponable purchase. The modern car is built not for one but for two, three and four buyers. Most of the cars on the road have a large reserve of unused mileage. People are using up that...
...charge that the Agencies dictate the student purchaser's choice of a service or product, that is simply untrue, as any student purchaser knows...