Word: hellers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...PUBLIC RELATIONS. Admits Presidential Economic Adviser Walter Heller: "Part of the problem is that contact has not been fully established." Jack Kennedy does not socialize with businessmen as Eisenhower did, and the pro-business Washington atmosphere of the Ike era has been replaced by what is, at best, watchful neutralism. Businessmen were angered when Attorney General Bobby Kennedy flailed them for "moral laxity" and again when Commerce Secretary Luther Hodges labeled the blue-ribbon Business Advisory Council "stuffy as hell."* To business leaders, who originally thought of him as one of their own, Hodges has been a particular disappointment. Last...
...cost of borrowing held firm through most of the slump, is now higher than it was during the recovery year of 1955 and about as high as in recovery 1959 (see chart). Another reason is that many influential figures in the Kennedy Administration, led by Presidential Economic Adviser Walter Heller, favor the principle of "easy money" and have won at least limited concessions from the more cautious Federal Reserve Board chairman, William McChesney Martin. The Fed has not only held its discount rate at 3% since August 1960 but has started a new policy of buying U.S. notes and bonds...
...just desserts: the Senate approved his appointment by President Kennedy to the Fed's seven-man Board. An economic liberal who favors low interest rates and perhaps more power for the Fed's chairman, he was sponsored by a fellow liberal, Chief Presidential Economist Walter Heller. Mitchell, until now a vice president of the Federal Reserve Bank of Chicago, is also a tax expert who was Illinois director of finance under Governor Adlai Stevenson...
...Sorensen, produced four drafts, each including a number of alternative demands that Kennedy eventually put aside. Until the day before he spoke, the President had planned to ask for a tax hike, rather than let the budget deficit rise higher. But Budget Director David Bell, Economic Adviser Walter Heller and Treasury Secretary Douglas Dillon argued that the economy was strong enough to stand the added debt, and that new taxes might well slow the recovery from last winter's recession. Kennedy finally decided to ask only for measures that would end the Post Office deficit, but left...
Intriguing Idea. In Washington, the Russian visitors watched the U.S. Senate convene, spent an hour talking to Senate Majority Leader Mike Mansfield, and 15 minutes with President Kennedy. But none of this impressed Pravda's Maevsky so much as a chat with Presidential Economic Adviser Walter Heller, who told him, said Maevsky, that the U.S., in the event of peace, could dismantle its defense industries without disrupting its economy. Maevsky found the idea intriguing...