Word: hellers
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...hearing of the Congressional Joint Economic Committee, Walter Heller, who was chairman of the Council of Economic Advisers under J.F.K., declared that a "rigid $250 billion budget ceiling is not high enough to allow us the stimulus we need." Without more spending than $250 billion, he said, there is little likelihood that unemployment, now at an unhealthy 5.5%, will significantly decline in the next two years. On the other hand, said Economist John Kenneth Galbraith, the recovery will continue if the U.S. holds to policies of "easy money and exceptionally daring deficit financing...
...March 25, 1919, depressed by a crisis in his own work and by the trauma of the lost war, Lehmbruck killed himself. He was 38. Ever since, the German art world has tended to the view that Lehmbruck's was an exemplary suicide-that, as Critic Reinhold Heller puts it, "his death became a supplication for peace and a sacrificial self-immolation in a world which had declared...
...that's Hill's big touch, and he otherwise relies squarely on Vonnegut. Vonnegut is no Heller--he can't truck with theory or the wide scope that precedes it. But he's touched upon the major fears of our century, and had us feel his despair. And by being true to Vonnegut, George Roy Hill has produced a moving (if cerebrally uninteresting) film, which has less pretension and more honesty to it than such an adaptation of a much worthier book as Mike Nichol's film of Catch...
...crucial decisions will have to be made on tax reform, the fate of wage and price controls, the trade-off between inflation and unemployment. How will the outcome of the election influence these decisions? That question was examined by three members of TIME'S Board of Economists: Walter Heller, who was chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson; Beryl Sprinkel, a Republican and senior vice president of Chicago's Harris Trust & Savings Bank; and Harvard's Otto Eckstein, a CEA member in the Johnson Administration. Their appraisals...
...WALTER HELLER. The economy will be expanding nicely into 1973 no matter who is elected. But I do not mean that there isn't some philosophical difference between Democrats and Republicans on economic issues. There are five areas of disagreement...