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Gaudy Deficits. The speech was a manifestation of a historic development: the emergence of a broad liberal-conservative consensus that high federal taxes have been largely responsible for the sluggishness of U.S. economic growth in recent years. Among last week's voices calling for prompt and hefty tax cuts to stimulate economic growth were Hubert H. Humphrey, one of the Senate's most conspicuous liberals, and H. Ladd Plumley, president of the U.S. Chamber of Commerce. Implicit in the consensus on taxes is a recognition by liberals that Government expenditures cannot create sustainable prosperity, that individual incentives perform...

Author: /time Magazine | Title: The Economy: The Great Consensus | 12/21/1962 | See Source »

...Bartlett-Alsop piece was notable for only one thing: it charged that Stevenson, alone among the President's advisers, dissented from the firm-action consensus on Cuba, that only Adlai was willing to trade American bases abroad for the removal of the Soviet missiles. It quoted, an anonymous source as saying that Stevenson "wanted a Munich...

Author: /time Magazine | Title: The Administration: The Stranger on the Squad | 12/14/1962 | See Source »

Although the hawks were originally in the majority, according to the Post, opinions finally merged, and everybody joined Dean Rusk as a "dawk or a hove."* The group formed a "rolling consensus" built around McNamara's plan of "maintaining options" by blockading Cuba, leaving the door open for invasion or bombing if the blockade failed to get rid of the missiles. Who was the only person who did not roll with the consensus? Why, Adlai Stevenson, of course...

Author: /time Magazine | Title: The Administration: The Stranger on the Squad | 12/14/1962 | See Source »

Last week, a member of the House team journeyed to the prison to "size up" the competition. Although he came back optimistic concerning the upcoming challenge, an outgrowth of the Prisons Program, it is the consensus of the Leverett men that the prison team could probably whip most of the other Houses in competition...

Author: NO WRITER ATTRIBUTED | Title: Leverett to Encounter Prisoners' Ball Squad | 12/13/1962 | See Source »

Departments will continue to be arbitrary, and sometimes unfair. The Gill plan may represent some apotheosis of departmental consensus, but the CRIMSON has been at pains lately to point out the difference between the (good) program in Social Relations and the (evil) program in English. Departments will always find ways to flatten luckless seniors, just as they used to refuse to recommend for Honors in General Studies...

Author: NO WRITER ATTRIBUTED | Title: HONORS IN GENERAL STUDIES | 12/8/1962 | See Source »

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