WHAT kind of U.S. economy will a youngster now getting ready for college find when he gets out? What is the prospect for 1960?
Last week, in America's Needs and Resources: A New Survey, a Twentieth Century Fund research staff headed by Economist J. Frederic Dewhurst issued a 1,148-page statistical description of the present economy, plus a projection of what the U.S. would be like five years hence. Dewhurst's key prediction, on the assumption that U.S. peace arid prosperity will continue, is that 1960's gross national product will be $413.5 billion, up 29% from 1950, 16% from 1954. The U.S.,...
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