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Recession Ahead.

Source :
New Republic; 7/13/59, Vol. 141 Issue 2/3, preceding p3-3, 1/3p
Publication Year :
1959

Abstract

The article presents information on political developments related to the U.S. It is not as though the Democrats had no issues. The most conspicuous is the American economy itself. Right at the moment U.S. President Dwight David Eisenhower is setting the stage for another recession (it will be his third) for the end of 1960. often. The nation's economic growth normally averages about 4 percent a year. The Soviet climb is 8 to 10 percent a year. But the Eisenhower phobia against inflation has throttled the economy down to a miserable average rate of progress of 1.3 percent.

Details

Language :
English
ISSN :
00286583
Volume :
141
Issue :
2/3
Database :
Complementary Index
Journal :
New Republic
Publication Type :
Periodical
Accession number :
14418869