Word: progressions
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Dates: during 1960-1969
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...fedayeen can sit by their campfire basking in the glory of blowing up school buses. Meanwhile, the U.N. adds fuel to the fire by censuring Israel for trying to preserve its very existence. What country in the world will come to the defense of Israel? Or is their fantastic progress in democracy and self-achievement too much for a mediocre world to tolerate...
...years since the end of World War II, the Japanese have created an economic miracle out of the war time ruins. To some degree at least, this progress was made possible by the American military shield; Japan has needed to spend less than 1% of its gross national product on defense. (The U.S. figure: nearly 10%.) U.S. military facilities are scattered across the nation's four main islands, and these have played an important part in the Korean and Viet Nam wars - as well as in guaranteeing Japan's safety...
...make little real progress toward economic stability, either at home or abroad, until it ropes in inflation. So long as prices and demand rise at today's pace, imports will continue to increase much faster than ex ports, and the integrity of the dollar will be doubted...
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...
When Samuel Goldwyn first pondered the possibilities of pay television, he saw it as the embodiment of progress -"and nobody yet," he exclaimed, "has shown the way to stop progress." Goldwyn was clearly uninformed about the procrastinating ways and restricted means of the Federal Communications Commission. In fact, the FCC dallied until this month, some 17 years later, before authorizing the U.S.'s first nationwide and permanent pay-TV service. And by now, with the networks having cornered most of the programming properties, the success of "fee-vee" is hardly assured...