Word: speedups
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Dates: during 1950-1959
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Slowdown in Speedup. In Belgium, usually the first European country to suffer when the demand for steel and coal slumps, industrial output has sagged 6% in the first quarter of 1958. Bank of Brussels Economist Albert de Lettenhove reports "no signs as yet of any revival-the recession may have reached bottom in the States, but not here...
...past two years. The first four months of 1958 had registered a significant "leap forward" in industrial and agricultural production, he added. Western specialists believe there is opposition inside the top leadership over the relentless "leap forward" policy, and noted how much space Liu devoted to justifying the speedup. Connoisseurs of Communist politics also noted that Liu gave "credit" for the policy no less than a dozen times to Mao, thereby establishing his responsibility...
...long, dim view of this nuptial speedup is taken this week by the Christian Century: "By what great shift in sociology, psychology, temperature or radiation are we to account for that clamant coupling of pre-ministerial students which threatens now to turn our dormitories into nurseries, our campuses into playpens, our graduate colleges into preschools? Ordinarily we would plead for no ivory tower, but if the choice is ivory tower or brooder coop, the remoter symbol looks better all the time...
...cause of the recession is automation and speedup in manufacturing processes. When an item can be made in half the time it formerly took, then men will be out of work six months out of the year...
...Capitol Hill." In order to speed it along, "the best things would be for labor and management to get together and declare a truce on higher wages and prices until this thing is over." The Government can be of some help, though such highly publicized recession cures as a speedup in public works are overstated benefits. "A new post office in Podunk doesn't do much for the skilled man who is unemployed in Detroit." More important, said McDonnell, who once argued that the best way to halt inflation in the U.S. economy was to increase taxes on incomes...