Word: spirally
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Dates: during 1960-1969
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...Peter Lorre-like psychopathic killer, a white-haired father and his smarmy son. With virtuosity, Hepburn and Arkin collaborate to revive an old theme-The-Helpless-Girl-Against-the-Odds-that has been out of fashion since Dorothy McGuire and Barbara Stanwyck screamed for help in The Spiral Staircase and Sorry, Wrong Number. If Hollywood is still counting money, it ought soon to be back in style...
...Revolt. On the top spiral at the Guggenheim are displayed the eminents who died in the 1960s but whose work still seems relevant to the post-meta physical moment: the dadaist abstractionist Arp Giacometti's existential armature figures, the dynamic welded sculpture of David Smith, and the work of Burgoyne Diller, a precursor of minimalism. Next are the old masters whose common sensibility was formulated before World War II: Picasso, Nevelson, Lipchitz, Calder. Then come two generations of artists who, in Fry's opinion, are at once trying to escape from Renaissance definitions of sculpture and "in revolt...
...however, the chairman has had scarcely a kind word for the bill. Apart from the political hazards of voting an unpopular new tax, the Arkansan is innately skeptical of economic prognosticators and-despite the almost-unanimous verdict of his witnesses-far from persuaded by their predictions of an inflationary spiral. On the contrary, Mills fears that added taxes may have the opposite effect of stifling growth. And he is unconvinced that $6 billion raised by the surtax can make a real dent in the deficit or make it easier to manage...
Belated Astonishment. The Administration has long been citing the danger of a renewal of last year's price spiral as an argument for its tax bill, and now is using the figures to lend an unusual urgency to the pitch. In a generally rosy report on the economy last week, Presidential Adviser Gardner Ackley was moved to emphasize "unwelcome but convincing indications of inflationary pressures ahead...
...year, and, along with other tax adjustments, would reduce a horrendous national budget deficit of $29 billion to between $14 billion and $18 billion. Thus, they argued, the surcharge is vital therapy for an economy whose current expansion (see U.S. BUSINESS) threatens, if unchecked, to result in a new spiral of inflation, tight money and rocketing interest rates...