Three Postwar Tax Cuts and Their Economic Impact
The article reviews three postwar tax cuts from 1948 to 1964 and hints at a fourth phase. It notes the limited immediate stimulus from 1948 and 1954, the strong investment boost from depreciation and credits during that period, and the ongoing evaluation of the 1964 cut. It also discusses unemployment stubbornness and argues education and training may unlock growth more than further cuts.
MENTIONED IN THIS ARTICLE
Truman
Congress
Korea
Johnson
Compromise on Prayer Considered by House Judiciary Committee
An alternate nonbinding resolution favors voluntary nondenominational prayers in public schools as a way to ease pressure for a constitutional amendment. The Supreme Court could still strike it if challenged. the issue hinges on the normal amendment process and constitutional precedent. Public anxiety prompts a final settlement.
MENTIONED IN THIS ARTICLE
Congress
House Judiciary Committee
Supreme Court
Cour
Sub deterrent warns of Soviet missiles near Australia and U S coasts
Vice Admiral John T. Hayward touring Canberra warned Australia that missile launching Soviet submarines will soon operate off both Australian and American shores as part of a shared deterrent. The United States relies on Polaris armed subs for the same purpose.
MENTIONED IN THIS ARTICLE
Australia
United States
Europe’s Shifting Costs Threaten U S Advantage
The piece argues rising Western European costs and high labor bids strain Europe while the United States holds a labor surplus and potential price advantage. It cautions against short-term wage boosts and urges maintaining economic discipline to preserve U S competitive edge amid eurozone inflation and Detroit labor tensions.
MENTIONED IN THIS ARTICLE
U.S
Europe
Detroit
Walter Reuther
General Motors
Ford
Chrysler Treasuries
Reuther
Washington
UAW
Dear Abby Advice Column Letters Selections
A collection of Dear Abby letters covering infidelity suspicions, opinions on education for women, courtesy in conversations, parental discipline, and a teen’s movie plans. The column advises forgiveness, practical life lessons, and personal accountability, reflecting midcentury concerns about marriage, schooling, and social etiquette.
MENTIONED IN THIS ARTICLE
Abby
Life Begins At 40 by Robert Peterson
A contemporary column argues tipping is a public nuisance and urges management to adopt a 15 percent service charge model. It cites European practice and case studies from Chock Full O’ Nuts and airline policies, concluding the issue rests with complacent management.
MENTIONED IN THIS ARTICLE
Restaurant League of New York
William Black
Secret for writing love letters to win a man in college
Case S-468 describes using pastel stationery and a touch of perfume on the envelope to create a feminine image. It cautions against tobacco and crude content, aiming to evoke refined, romantic emotions in the recipient.
MENTIONED IN THIS ARTICLE
Jean
Jean J
Keep Focus On Him in Letter Writing
A dated guide advises wives to center letters on the husband, weave his presence into each page, and include direct compliments. It suggests three rules: keep focus on him, ask for advice with two choices, and sign affectionately with kisses or a lipstick impression to flatter his ego.
Castro’s shaky standing after Cuban exile raids
The piece reviews a cycle of U S Cuban crises, noting Brazil’s break with Castro, exiled Cuban raids on Pilon port, and ongoing U S vigilance over missiles. It recounts Bay of Pigs, the 1962 missile crisis, and suspicions of U S backing for continued raids by Cuban exiles.
MENTIONED IN THIS ARTICLE
Fidel Castro
Brazil
Cuba
Pilan
Bay of Pigs
Castro
United States
Khrushchev
Russia
Johnson
Also Mentioned on This Page
Ng John Chamberlain
Henry Ford
Germany
Switzerland
Morgan Guaranty
Abigail van Buren
Beverly Hills
Calif
By Robert Peterson
the Messenger
George W. Crane
Athens Messenger
Sunday Messenger
Ohio & W
Ally
Athen Ohio
The
Messenger ‘Publishing Co
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