Nixon Undaunted as Economy Slips Behind Big Budget Gap
New York AP reports the Nixon administration remains confident amid rising inflation unemployment and a near record budget deficit of 23.2 billion. Critics argue fiscal policy clashes with monetary policy and Congress, while officials insist inflation is controllable and the administration’s program rests on theory rather than pragmatism.
MENTIONED IN THIS ARTICLE
New York
Thej
Ronald L. Ziegler
Tration
Critiao
Fed
Federal Reserve
World Almanac Facts and Smithsonian Institution Highlight
The Smithsonian Institution in Washington, D C, founded by an 1846 Act of Congress via James Smidson, is a premier historical scientific cultural establishment drawing over 12 million visitors annually. Alba toss, a $1 25 million syndicated pacer, dominated three Canada races this summer earning $62 726.
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Washington
Fed
Congress
Smithsonian Institutes
Washington, D.C
World Almanac
James Smidson
Ness
Canada
Montreal
Stanley Dancer
Riche- Nieu Park
Nixon China trip fuels UN seating speculation
Speculation centers on Premier Chou En lai visiting the United Nations in New York before Nixon’s trip to Peking and U Thant possibly delaying retirement. The unfolding debate at the 26th UN Assembly focuses on whether Peking or Formosa will hold China's seat and Security Council role.
MENTIONED IN THIS ARTICLE
William L. Ryan
Nixon
China
U.N. Assembly
Peking
Formosa
United States
Security Council
U.N
Pacific
Japan
Chiang Kai-shek
Chan
United Nations
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