Past Economic Measures Cast Doubt On New Policy
New York AP reports that recent fiscal measures cast doubt on the New Economics program. It notes poor forecasting of revenue and costs tied to Vietnam war spending, a $1 billion downward revision in revenue since January, and multiple miscalculations including a $7 billion anticipated revenue gap and a $400 million shortfall due to timing delays. Critics label the approach as vulnerable to economic cycles.
MENTIONED IN THIS ARTICLE
New York
Pressme
Johnson
Big Hills
Congress
Five Friends Of Fidel Hijack 70 Aboard Colombian Airliner
Five exiled Fidel supporters hijacked a DC4 with over 70 aboard from Bogota to San Andres and Providencia, diverting to Havana. Cuban authorities paraded six captured Cuban exiles who claimed CIA training and plans to kill Castro. Passengers included four U.S. citizens. all were safe. The plane's hijackers, four Colombians and an Ecuadorian, reportedly sought to stay in Cuba amid OLAS talks in Havana.
MENTIONED IN THIS ARTICLE
Fidel
Havana
Fidel Castro
Florida
Castro
U.S
U.S. Central Intelligence Agency
CIA
Latin American Organization of Solidarity
OLAS
Cuba
Caracas
Bogota
San Andres
Providencia
Caribbean
Rafael Madero
U.S. Army
Harris Wheeler
Helga
Modesto
Calif
Panama
Wheeler
Wheelers
Barranquilla
Colombia
Victor Estrada
Chicago
Mendez
Also Mentioned on This Page
Creedy Fair and Rodeo Association
Crosby
Front
Mickey Welch
Donald Johnson
Beck
Billy Foster
John Boggs
Fred Murphy
Pete Garbor
Lew
FORD
Beneficial
Beneficial Beneficial Finance System
Citizens Ofss Savings
Tee
H. Alexander
N. Main
Bob O'Brien
California
Libby
BROOKSDAL_ CHUM
LUX Liquid Detergent
O'Brien
Eryer
Yearling Live
Simon
Limas
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