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...that the only solution for Massachusetts is to turn it into a wildlife preserve. Such a conversion takes time, and my critics will probably feel it should be done in stages. I agree; in fact, so as not to do anything drastic and to avoid favoritism, it would seem prudent to dismantle Massachusetts civilization following as nearly as possible reverse chronological order. In order to be effective, of course, strict cooperation from all sides, including Harvard, must be rigidly enforced...

Author: NO WRITER ATTRIBUTED | Title: AN IMMODEST PROPOSAL | 3/6/1961 | See Source »

Paul Samuelson, M.I.T.: This recession is turning out about as expected: bad but not very bad. Because of the need to please Congress, the Kennedy antirecession proposals are modest-perhaps more so than prudent economic policy would call for. Probably they will suffice to turn us up by midyear, but it will be important to take that second look in April and be prepared with stronger measures if unemployment has passed the critical 7½% to 8% range...

Author: /time Magazine | Title: National Affairs: HOW GOES THE RECESSION? | 3/3/1961 | See Source »

Holding Down Prices. That alliance, he believed, should strive for three goals: economic growth, plant modernization, price stability. Kennedy was worried that growth and productivity were being retarded by the nation's antiquated tax-depreciation schedule, which leads prudent businessmen to keep some machinery running until it is woefully obsolescent. "Within the next few weeks," he promised, he would send to Congress "a new tax incentive for businesses to expand their normal investment in plant and equipment...

Author: /time Magazine | Title: The Economy: Closing the Confidence Gap | 2/24/1961 | See Source »

...Kennedy, however, had set himself against playing Nikita's game. He was backed in his resolve by Secretary of State Dean Rusk, whose low opinion of summitry was expressed in a Foreign Affairs article last April: "Summit diplomacy is to be approached with the wariness with which a prudent physician prescribes a habit-forming drug-a technique to be employed rarely and under the most exceptional circumstances, with rigorous safeguards against its becoming a debilitating or dangerous habit." Early last week Kennedy and Rusk conferred for five hours, then announced their plans for achieving U.S. international aims not through...

Author: /time Magazine | Title: The Cold War: Return of the Airmen | 2/3/1961 | See Source »

...coups of face-to-face negotiation. A policy, he says, is "a galaxy of utterly complicated factors," not something that suddenly pops out of somebody's head. As for face-to-face encounters between world statesmen: "Summit diplomacy is to be approached with the wariness with which a prudent physician prescribes a habit-forming drug." He thinks that Presidents should stay away from summits, leave negotiating to the Secretary of State-and that the Secretary should leave it, as much as possible, to ambassadors...

Author: /time Magazine | Title: NEW ADMINISTRATION: The Eagle Has Two Claws | 12/26/1960 | See Source »

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