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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 06, 1966
Page
7
New York AP notes optimism often precedes measured gains as forecasts in 1950s business raised expectations for 1975 growth. Paley project figures on population and consumers fueled belief in rising wealth, while productivity and technology boosted forecasts amid postwar recoveries.
William Paley, former head of Columbia Broadcasting, cites the Resources for Freedom project as revealing Americans overestimated future limits yet underestimated capacity. The report projected strong production, shrinking unemployment, and rising telephone use, later vindicated in many respects.
Washington AP reports that many congressmen including the Kennedy brothers and new Democratic members shifted toward conservatism this year. Americans for Constitutional Action cites voter record awareness and strong opposition as factors. Robert Kennedy rose to 33 and Edward Kennedy to 21 for the first half of 1966.
President Mobutu announced that his cabinet would again be responsible to parliament while pledging to reinstate rule by decree in emergencies. The move followed his seizure of power in a November coup and comes as parliament opens its third session.
Reversable cushions and carved wood trims highlight this line of sofas. Designs use designer fabrics and meticulous tailoring with pillow backs for lasting comfort. A wide array of colors is offered for durable style.
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