Word: haltingly
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Dates: during 1970-1979
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Nevertheless, businessmen and economists lost no time in exploring their new world. In it, Nixon hoped to perform three monumental tasks: 1) HALT INFLATION. By freezing wages and prices at their current levels for at least 90 days, Nixon declared full-scale war on the economic trouble that disturbs more Americans than any other: the unrelenting increase in the cost of living and the cost of doing business. Nixon's critics have long urged him to attack the problem with less severe measures, either by establishing wage-price guidelines similar to those imposed...
Rattlesnake. Nixon has said, consistently if unenthusiastically, that he will enforce the federal court directives-as indeed he is required by law to do. The Government's only logical recourse is to file a suit to halt Wallace's violation. Yet if the President forces a showdown with Wallace, he will undoubtedly alienate the white Southern voters he has courted so assiduously. No one in the White House is admitting that Nixon committed a strategic blunder, but one aide probably summed up the feeling in the Nixon camp when he said of Wallace: "What a rattlesnake...
Just how long that move might halt the increasingly frequent runs on the dollar is uncertain. But it may be the only major reform possible in the immediate future. European nations are not anxious to lose export sales, as they would if they raised the value of their own currencies. In the U.S., the President cannot reasonably be expected to declare any kind of dollar devaluation until after the 1972 election...
...House followed the committee's recommendation with a 200-to-192 vote to deny further U.S. military aid to Greece until the colonels restore democracy in free elections, or unless the President determines that there are "overriding requirements of national security" for continuing it. The bill would also halt economic and arms aid to Pakistan until the President decides that "reasonable stability" has been restored there, and that the millions of Bengali refugees now in India have been allowed to return to their homes and regain their property in East Pakistan...
...would probably have to call a surprise, temporary wage-price freeze. Some of his aides say that for all his doubts he would just as soon have a wage-price board, simply to end all the debate. And if an incomes board is mandated by Congress but fails to halt inflation, Nixon will not bear all the blame...