Word: vigorous
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...Germany. As Governor from 1954 to 1960, he was successful not only in guiding North Carolina through a pe riod of racial tension but also in attracting an impressive influx of industry-an achievement that helped earn him the Commerce post in John Kennedy's Cabinet. With characteristic vigor, he promoted exports to Communist countries, arguing: "Sell them anything they can eat, drink or smoke...
Professor James S. Duesenberry, chairman of the Economics Department, last night criticized President Ford's new economic program for its lack of vigor...
...think that is right. The difficulty does not stem from nationalism in Europe or from any lack of vigor in the field of European integration. It stems from the enormous worldwide economic difficulties that have hit countries in different ways. Of course, there is the question of the future attitude of Britain toward the Community and vice versa. It would be imprudent and wrong not to mention this...
WEST GERMANY. With its 7% inflation and 2.2% unemployment, the country continues to be economically the healthiest in Western Europe. But its economic vigor now depends almost entirely upon its enormous balance of trade surplus ($11.7 billion through July). There is every indication that the foreign customers of German-made goods are planning to cut back their purchases in order to trim their own trade deficits. A top West German finance official privately warns that by the end of the year West Germany could start running its own balance of trade deficit. This would create serious political problems for Chancellor...
Still, there were signs that even if the ideas are old, they will be pushed with a new vigor. A tight budget and a tight monetary policy, to be pursued by the independent Federal Reserve with White House encouragement, will undoubtedly be the core of Ford's program, as they were at least in the rhetoric of Nixon's. But while Nixon gave no indication of where he wanted the budget ax to swing, Ford appears to have reached a hard and controversial decision: to resist deep cuts in the Pentagon budget and take the heaviest slices...