Inflation Squeezes Households As War Looms In News
A wide AP survey shows Americans face higher living costs with staples rising while services and interest on loans climb. Readers ask why inflation persists in 1960s America as wage growth struggles to keep pace amid the Viet Nam war and global tensions. The piece notes sharper price gains, a slow fall in some harvest goods, and mixed signals about the economy, savings, and government bonds. It also contrasts domestic cost pressures with Red China and Soviet bloc cautions and hints at cautious optimism in U.S. policy.
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