Word: sentimentalizing
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Dates: during 1960-1969
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...month after the critique was issued, it appears to have failed as an instrument of radical reform. At a March 6 Ec 1 staff meeting Gill asked if there was any sentiment for revising the course substantially; only a couple of hands went up. Several of the section men who liked the critique best didn't even bother to attend. Whether the critique succeeded in exposing serious deficiencies in Economics 1 is still an open question...
Worry & Save. To the distress of merchants and the dismay of the Government, the consumer has been conserving. The University of Michigan's Survey Research Center found that consumer confidence, as measured by the center's index of sentiment, dropped last November and December to its lowest point since the recession of 1958. In spite of record-high personal income, consumption rose only sluggishly and the demand for consumer credit reached its lowest point in four years. Personal saving, on the other hand, rose to 5.9% of income...
...factory work week in February was chopped by 45 minutes from January. In February, also, average real take-home pay for factory workers slipped from $98.81 a year ago to $97.11. But for all that, one bright note was heard last week. After running a new survey of consumer sentiment, Michigan's Dr. George Katona reported an upturn from the November-December low. Higher-income families especially were satisfied that they would either make more money this year than last or at least make as much as last year. Moreover, retail prices are generally holding firm and even falling...
High Administration officials felt that the move for a jury trial was an attempt to play upon anti-Harvard sentiment. 'They want to work on the emotions of people and get them all charged up against the University," one Harvard official remarked when the owners' original motion was filed...
...Washington foe. His departure not only could shake the business confidence that Johnson covets for his Administration, but it might undermine faith in the dollar abroad-particularly among Europeans who can act on their misgivings by swapping dollars for U.S. gold. A high Canadian finance official echoed a common sentiment when he warned: "If Johnson doesn't reappoint Bill Martin, it will cost the U.S. one billion dollars in gold...