Word: surginger
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There could no longer be any doubt last week that the U.S. is suffering from inflation. The only question was how serious it could become. Buoyed by Viet Nam spending and the momentum of a historymaking, 60-month expansion, the economy was surging ahead far faster than the Government had...
The Administration had been promising for months that this year would at last bring an end to the nation's chronic balance-of-payments deficit. Last week that prospect virtually vanished-a victim of the rising cost of the Viet Nam war and, strange as it seems, surging prosperity...
St.-John Perse (Seamarks) was born on an islet off Guadeloupe. Edgar Mittelholzer (Shadows Move Among Them) came from British Guiana. V. S. Naipaul (A House for Mr. Biswas) grew up in Trinidad. George Lamming (In the Castle of My Skin) is a Barbadian. In the last generation, a torrent...
Keynesian in approach, an anti-inflationary manipulation aimed at curbing a surging economy. It appeared to many to be a bit of sleight of hand as well, and it did, to be sure, depend rather heavily on some imponderables. For one thing, the President was relying on congressional passage of...
Behind the President's massive thrust for peace lay a long and frustrating history. For ten years, under three Presidents, the war in Viet Nam had dragged on, ever more menacing to the security of South Viet Nam, ever more increasing the U.S. commitment of men and materiel, of...