Word: republicans
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Dates: during 1950-1959
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Under the aegis of "prosperity," the Republican party sits complacently promising four more years of the same. The GOP proudly points to neatly balanced columns of figures and shinier cars and silver-plated doorknobs, and defies denial that the horn of plenty is overflowing. Although the Republican boast seems at first justified, when the figures are inspected and the plating is scraped away there remains a clouded picture of deception, illusion, and statistical manipulation...
...National Incomes, but fails to indicate that National Income is not necessarily, per se, an indication of prosperity. Examine a year in the midst of the Eisenhower reign, 1954, a year for which there are statistics available and one which hindsight can interpret. In 1954, in the midst of Republican "prosperity," the country produced the all-time record national debt of 275 billion dollars, greater than any during the Second World War. Although the debt is necessary, an abnormally high debt behind great government spending is no base for the national economy. Frantic hacking at the Federal budget and expense...
...blow the lid off the issue of corruption in government. "Racketeers," cried Truman in describing the members of the Eisenhower Administration for the edification of fellow Democrats at the Chicago convention. Far from disavowing Harry's reckless wording, Nominee Stevenson last week charged that a "contagion of Republican misconduct and corruption . . . has marked the Eisenhower Administration from start to finish...
...March 1953, Republican National Chairman Charles Wesley Roberts resigned three hours after a Kansas state legislative committee found that he had violated the "spirit" of the Kansas lobbying law in 1951 by taking an $11,000 insurance company fee for his part in the sale of a hospital to the state...
...Interstate Commerce Commission's Chairman, Hugh Cross (a Republican originally appointed to the ICC by Harry Truman), resigned after a Senate committee heard that he had approached railroad companies (over which the ICC has jurisdiction) on behalf of a friend seeking an inter-station transfer contract in Chicago...