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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 27, 1965
Page
8
Sylvia Porter argues that 1961 to 1966 saw an upturn with unemployment near four percent and near full production, powered by fiscal tax cuts and monetary credit. The Viet Nam war pressures demand and costs, prompting reconsideration of budget, taxes, and spending while credit tightens and inflation risks rise.
The AP report outlines a new escalation phase in Viet Nam with potential spread into Cambodia and Laos. It warns of possible troop increases toward half a million, intensified North Vietnamese infiltration, and a looming U.S.-China confrontation while peace prospects fade and no clear settlement emerges.
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