The Press: Assessing the New Nixonomics

Coming as it did on a Sunday night when the presses were already rolling, President Nixon's surprise announcement of a turnabout in economic policy (see THE ECONOMY) presented a special problem for weekly publications. New York, for example, had already completed its press run of 333,500. Even as the stock market soared briefly in what was called "the Nixon Rally," New York appeared on the stands with a cover cartoon of Nixon fiddling a la Nero while the Stock Exchange burned. Inside was a six-page feature on "Wall Street's Case Against Richard Nixon."...

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