Word: recessional
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Dates: during 1950-1959
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The man who beat Payne, handshaking, backslapping Ed Muskie, a Roman Catholic and father of three (a fourth is due in December), is the best campaigner on the Maine scene in many a year; even Republicans admit that he has been the most effective Governor in the last 50 years...
Estimated revenues are falling short of the budgeted total of $74.4 billion, mostly because of the recession. Principal items are off like this:
There was something else about Budget Director Stans's report that any schoolboy could plainly see: the biggest unexpected increase in spending came not in defense, or even in fighting the recession: it came in the scandalous, runaway farm subsidy payments that raised the agriculture budget for the current...
The bond market is still in the throes of a shake-out that Wall Streeters compare to the '29 crash in stocks. With the benefit of hindsight, bond experts lay the blame on Treasury Secretary Robert Anderson. Eager to stretch out the public debt, i.e., lengthen the maturing period...
Battle for Survival. So fast did Thornton collect companies that many a competitor called Litton a house of cards, figured it would collapse under the blow of the recession. Yet Litton kept right on expanding. Early this year Litton merged with New Jersey's Monroe Calculating Machine Co. (sales...