Word: stein
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...economy close to or perhaps at the top of the list. But since President Nixon announced his New Economic Policy last August, Democratic candidates generally have found it difficult to mount an effective attack. Last week the chairman of Nixon's Council of Economic Advisers, Herbert Stein, went so far as to declare that "at the moment there is no issue" in the economy. He added: 'There is no serious, coherent policy that is an alternative to the one the Administration has initiated." That convenient vacuum could be filled well before November. But for the time being, Stein...
...affair out of what normally in an election year would be a highly charged political confrontation-the annual hearings of the congressional Joint Economic Committee. The committee's Democrats zeroed in on the current unemployment rate of nearly 6%, the Administration's gravest economic problem by far. Stein argued that Nixon had inaugurated "the strongest program to reduce unemployment that there ever has been in this country." It includes, he said, not only a huge, employment-building deficit in the federal budget, but also the stabilizing wage and price controls. After Democrats suggested that the Administration start...
...speech at the National Press Club, Stein challenged the Democrats to come up with a better program than Nixon's for reviving the economy. He listed the choices: impose even stricter wage and price controls or increase a budget deficit already pushing toward $40 billion by more spending. Presumably a third would be to raise taxes. Democratic presidential contenders, he predicted, will choose a none-of-the-above option and talk only generalities. At the JEC hearings, Budget Boss George Shultz moved to nail down the Republican position on one of these alternatives by demanding a "moratorium...
...ASSASSINS by ELIA KAZAN 311 pages. Stein...
...make the existential leap to Required Reading? I was writing a mad letter, not a petition. How did it acquire so many signers? I mean not just kids, but critics. Because I think they felt, as I did, that uncertainty was the American state of mind. Old Gertrude Stein on her deathbed sighed, "What is the answer?" And topped it with "What is the question?" You could go to literary distinction with that kind of exit line, and in a sense, that is where Salinger took...