Word: productive
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Dates: during 1960-1969
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...pointed out that imports of competitive goods often spur American industry to turn out a better product. The automobile industry, for example, originally expected great losses to result from American imports of European models, "but now foreign manufacturers are afraid of what Detroit is doing in the small car field...
Economist Heller confidently predicted that the gross national product would soar to a rate of $550 billion by the first quarter of 1962-a jump of $8 billion over the last quarter of 1961-and go on to reach the average for the year of $570 billion predicted by President Kennedy in his economic message to the Congress in January...
Most economists agreed that 1962 would turn out well despite its stuttering start; but many were worried about the longer-term prospects. The nonprofit National Planning Association estimated that the gross national product would grow at an annual rate of about 4.2% during the '60s, reach about $800 billion...
...Against this dismal pattern the magazine holds a genuinely impressive tract, the introduction to the Secretary General's Annual Report. The product of the late Dag Hammarskold's lucid mind, it describes concepts of the U.N. as a "static conference for resolving conflicts of interest and ideologies" (the Wiley view) or as an organization able to play an effective role in the world through executive action. The only pity of it is that it ends so suddenly...
Obviously, Roses has its thorns. Several jokes are self-consciously coarse (every Wellesley girl has her own way of announcing that she isn't a typical product of that place), and at times the author seems only to be getting some philosophy off her chest. But this is a young playwright's prerogative, and Miss Levine certainly doesn't abuse...