Echoing through the halls of Congress, in Washington's Government agencies and the nation's corporate boardrooms, the great debate of 1957 is about the complicated balance of the U.S. economy. Which way will it tip? Not even the men in charge of the nation's economic policies can agree. The Federal Reserve Board still warns of inflation as the consumer price index keeps climbing (see NATIONAL AFFAIRS). Yet an equally august body, the President's Council of Economic Advisers, argues that the danger of inflation has passed. Last week in Washington, a single, persistent...
To continue reading:
or
Log-In
