Word: faster
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Dates: during 1970-1970
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...ceremonies at the Commerce Department's new gross national product clock-a brightly lit and buzzing electronic gadget that ticks off the nation's estimated economic growth at the rate of $2,000 a second. Said Nixon: "We hope to keep it moving, and perhaps move it faster in the years ahead...
Gung-Ho for Growth? Whatever the numbers, the President has to decide on which of two policies to emphasize. Should he aim for a modest rate of economic recovery, risking a continuation of high unemployment? Or should he strive for a faster snapback, risking more inflation later? Every sign now indicates that the President, prodded by Chief Economist Paul McCracken and Budget Boss George Shultz, has made a decision to go for speedy, job-creating growth. It remains to be seen whether John Connally, Nixon's surprise choice for Secretary of the Treasury, will alter the strategy. Though...
...struck. Most common guess: no. Besides, Burns is only primus inter pares on the Reserve's twelve-man Open Market Committee, which regulates the money flow. A number of anti-inflation hawks on the committee, notably the New York Federal Reserve's Alfred Hayes, recently voted against faster expansion...
...Command also announced that the phased withdrawal of American troops is proceeding faster than the announced schedule, with less than 344,000 soldiers now remaining...
...presidential pressure on members who feared that a break for the Taosenos would invite other Indians to press land claims against the Government. Now it goes to the White House for Nixon's signature, which is assured. Meanwhile, another part of the President's program is moving faster than anyone expected. The Bureau of Indian Affairs, traditionally staffed by patronage appointees, is being reorganized to permit the tribes to have greater control over their destinies...