Word: trumanism
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Dates: during 1950-1959
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Bouncing off the B. & O.'s Diplomat in Washington one afternoon last week, twinkling Tourist Harry S. Truman volunteered that he had left his galoshes back in Independence, likely would not take his traditional morning walks along the capital's slush-puddled thoroughfares. Along with several score top-level Democrats, Truman was on hand for four days of meetings, lunches and fund-raisings that would kick off the Democrats' 1958 congressional campaign. As the opening whistle blew and the charges flew, it quickly became evident that Harry's galoshes were almost the only weapons that cocky...
...National Committee voted to view the decline henceforth as no recession, but a fullscale, vote-shaking depression. Harking back to an effective 1932 Democratic pitch, the committee accused the Eisenhower Administration of a "Hooverlike" approach to the business downturn. And when his turn came to make a speech, Harry Truman, in a self-styled "spasm," played on depression fears in every give'em-hell...
...Harry Truman played fortissimo also on his successor's foreign policy ("The present Administration has acted like an overbearing banker with a glass eye, not like a loyal and faithful friend to other nations"), on the U.S. missile lag and the possibility of a 5? postage stamp. But he was well pedaled down in one area: concerning civil rights he could only advise that "the Democratic Party must stand firmly and forthrightly for the full enjoyment and protection of civil rights . . . firm and foresighted leadership might accomplish this without calling out the Army for help." Seated way back...
SLUMP WILL END by fourth quarter of 1958, predicts Leon Keyserling, onetime chairman of President Truman's Council of Economic Advisers. Keyserling expects economic activity for final quarter to run 3½% faster than 1957 pace, and this year's gross national product to hit $437.7 billion v. last year's $433.9 billion, with large gains in personal-consumption expenditures (up $3.6 billion) and U.S. Government buying (up $1.6 billion...
...deference to the view of Harry Truman that the Missouri Waltz is "as bad as The Star-Spangled Banner so far as music is concerned," the Democratic National Committee will omit the Waltz from the program of a fund-raising banquet that Truman is to attend in Washington this week...