Word: recessional
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Dates: during 1950-1959
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Congressional Democrats had been aching for months to get back home and start pelting the Eisenhower Administration with a juicy collection of overripe campaign fruit: the "Eisenhower Recession," the "Pentagon Mess" that saw the U.S. lag behind Russia in technological progress, the "Vicuna Coat Case" involving White House Staff Chief...
¶ Signs of recession's end were so plentiful last week that the Federal Reserve
To hear the growls of the economic bears, the U.S., having just turned the recession around, now stands tottering on the brink of something disastrous called "inflation." But does it? The U.S. could indeed have serious inflation if fiscal irresponsibility at Government levels piled up national debts heavier than the...
The Federal Reserve Board last week demonstrated the kind of fiscal responsibility that Economist Reierson was talking about. Deciding that it was time once again to lean gently against the economic winds. FRB gave the San Francisco Reserve Bank permission to hike its discount rate from 1¾% to 2...
Andy Hardy Comes Home (Fryman; MGM) might well bring the handkerchief industry out of the recession all by itself. For the first time since 1946, Mickey Rooney, now a ripening 35, has dusted off the old studio flats, put them all together and spelled not only MOTHER but all the...