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Wage increases that are in line with increases in productivity do not exert either downward pressure on profits or upward pressure on prices...

Author: /time Magazine | Title: Nation: A Dialogue On Steel | 4/27/1962 | See Source »

...present, each side has need of the other, but it is a precarious equilibrium, and neither can leave it at that. "If I were plotting a fever chart I'd give Fidel's line a short spurt upward, but surely the trend must point down," says a foreign diplomat in Havana. Working in Roca's favor, say the experts, is the massive indoctrination that has brought 60,000 young Cubans from the countryside to fill expropriated Havana mansions. By day, they learn a trade; by night they learn a Roca brand of Communist discipline. "One day," says...

Author: /time Magazine | Title: The Hemisphere: Moscow's Man in Havana | 4/27/1962 | See Source »

...Chicago's suburban Evergreen Park, a dozen girls from age six upward, whooshed into the local beauty shop for their regular Saturday appointments, emerged topheavy with "beehive" and "lioness" hairdos. Sighed Manager Warren Miller: "They've got more hair than they've got face. I'd call...

Author: /time Magazine | Title: Youth: The Pre-Teens | 4/20/1962 | See Source »

...Akron. In a new book, appropriately titled God Is Real, Billington tells his whole onward-and-upward tale...

Author: /time Magazine | Title: Religion: Bestselling Church | 4/6/1962 | See Source »

Which Way Up? Certainly, the cornu-copic U.S. economy could start surging in a hurry. But what sector would lead it upward? Here are some possibilities being talked about by Kennedy's advisers : INVENTORY SPENDING. Walter Heller, chief of the President's Council of Economic Advisers, figures that the current rate of trade and manufacturing sales would justify a further $3 billion rise in inventories this year. But Heller appears to be ignoring the fact that businessmen are operating with much leaner inventories than in times past. Computers permit them to schedule stocks more closely...

Author: /time Magazine | Title: State of Business: Strong -- But Sluggish | 4/6/1962 | See Source »

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