Word: vitality
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Dates: during 1960-1969
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...some Saigon officials, the refugees are little more than a massive nuisance that is siphoning off energy and funds from the war effort. To others, however, they could play a vital role in the outcome of the war. "This war is about people more than about real estate," says one American diplomat. "The side that has the loyalty of the people ought to win it. This is a good opportunity to add a few thousand friends to our side." The U.S. has already allocated $1,000,000 to the refugee camps in stopgap relief, is now considering a major...
These facts emerged last week when an embarrassed U.S. Government admitted that its statistics have understated the size and strength of the economy by billions of dollars. In the first major revision in seven years, the Government restored those billions to the gross national product, that vital measure of all the goods and services produced in the nation. The economy has actually been expanding at an annual rate of 4.3% since 1960, said the Commerce Department, and not at the 4.1% rate that has been accepted up to now. Result: the gross national product reached $628.7 billion last year...
...Regrettable" but Nice. In the course of revising the G.N.P., the Government's men made some other fascinating discoveries. One of them illustrates the vital role that increased consumer spending has had in the current economic advance; it shows, in fact, that consumer spending has risen faster than consumer income. The Government statisticians discovered that the consumer is spending more and saving less than anyone had thought, paying out 940 or 950 of each dollar instead of the 930 everyone had calculated. The difference alone means that in 1964 consumers spent $11.7 billion more than figured−an amount...
...gross national product got its embarrassing face lift, another vital measure of the U.S. economy−the balance of payments−also put forward its best face in many months. In its transactions with the rest of the world, announced Treasury Secretary Henry H. Fowler, the U.S. in 1965's second quarter took in $132 million more than it sent abroad, the first quarterly surplus in nearly eight years...
That left the field open to the segregationist, says Thurman. No voice rallied the liberal, or that far larger body of moderates who seldom move without a command, during that vital interval before the forces of segregation, then disunited, gathered and took charge. The only voice that might have prevented this, says Thurman, that might have stirred the moderates and won the liberals, was President Eisenhower's−and Eisenhower kept silent until the situation had already degenerated into violence at Little Rock...