THE ECONOMY: The Hot Red Breath

"A recession is an expensive luxury," said Central Intelligence Agency Director Allen Dulles to 700 U.S. Chamber of Commerce delegates after a satisfying lunch of ham with raisin sauce and apple pie with cheese in Washington's flossy Mayflower Hotel. "Soviet propagandists have had a field day in recent months pounding away at American free enterprise." And just in case some complacent citizens, including a few drowsy ones in his audience, did not know that the Soviet economy is coming up fast to make it a real race, Dulles ticked off some dry facts:

¶ Russia's gross national product, already...

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